RFG Advisory LLC Invests $678,000 in Invesco S&P MidCap 400 Revenue ETF $RWK

RFG Advisory LLC purchased a new stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,289 shares of the company’s stock, valued at approximately $678,000. RFG Advisory LLC owned 0.06% of Invesco S&P MidCap 400 Revenue ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RWK. Morgan Stanley grew its stake in Invesco S&P MidCap 400 Revenue ETF by 7.4% in the 4th quarter. Morgan Stanley now owns 938,017 shares of the company’s stock valued at $118,622,000 after buying an additional 64,763 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 446.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 659,036 shares of the company’s stock worth $83,342,000 after acquiring an additional 538,536 shares during the period. LPL Financial LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 3.1% in the fourth quarter. LPL Financial LLC now owns 603,545 shares of the company’s stock worth $76,324,000 after acquiring an additional 18,274 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 455.6% in the third quarter. Ameriprise Financial Inc. now owns 575,707 shares of the company’s stock worth $71,958,000 after acquiring an additional 472,081 shares during the period. Finally, Vantagepoint Investment Advisers LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 540,584 shares of the company’s stock valued at $68,362,000 after purchasing an additional 23,259 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

NYSEARCA:RWK opened at $146.01 on Tuesday. Invesco S&P MidCap 400 Revenue ETF has a 52-week low of $115.34 and a 52-week high of $148.24. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 14.05 and a beta of 1.07. The business’s fifty day moving average is $140.99 and its 200 day moving average is $134.92.

Invesco S&P MidCap 400 Revenue ETF Profile

RevenueShares Mid Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P MidCap 400 Index (S&P 400) by investing in the constituent securities of the S&P 400 in the same proportions as the RevenueShares Mid Cap Index. The Fund consists of the same constituent securities as the S&P 400. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.