Bleakley Financial Group LLC Acquires 185,169 Shares of Invesco S&P MidCap 400 Revenue ETF $RWK

Bleakley Financial Group LLC raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 914.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 205,423 shares of the company’s stock after purchasing an additional 185,169 shares during the quarter. Bleakley Financial Group LLC owned 2.36% of Invesco S&P MidCap 400 Revenue ETF worth $26,348,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter worth approximately $30,000. Flagship Harbor Advisors LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth $65,000. Greenline Wealth Management LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth $67,000. Arax Advisory Partners acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth $108,000. Finally, Sunbelt Securities Inc. bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the third quarter valued at $109,000.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

Shares of NYSEARCA:RWK opened at $146.28 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 company’s fifty day moving average is $142.39 and its 200-day moving average is $136.10. The company has a market capitalization of $1.29 billion, a PE ratio of 14.05 and a beta of 1.06.

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.