Vantagepoint Investment Advisers LLC Raises Stake in Invesco S&P MidCap 400 Revenue ETF $RWK
by Scott Moore · The Cerbat GemVantagepoint Investment Advisers LLC boosted its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Free Report) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,584 shares of the company’s stock after buying an additional 23,259 shares during the quarter. Vantagepoint Investment Advisers LLC owned approximately 6.44% of Invesco S&P MidCap 400 Revenue ETF worth $68,362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. boosted its stake in 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 buying an additional 472,081 shares in the last quarter. Bank of America Corp DE lifted its position in Invesco S&P MidCap 400 Revenue ETF by 44.3% in the third quarter. Bank of America Corp DE now owns 253,339 shares of the company’s stock valued at $31,670,000 after purchasing an additional 77,834 shares during the last quarter. Raymond James Financial Inc. lifted its position in Invesco S&P MidCap 400 Revenue ETF by 2.7% in the third quarter. Raymond James Financial Inc. now owns 129,802 shares of the company’s stock valued at $16,227,000 after purchasing an additional 3,436 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap 400 Revenue ETF by 3.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 120,500 shares of the company’s stock valued at $15,064,000 after purchasing an additional 4,449 shares during the last quarter. Finally, UBS Group AG lifted its position in Invesco S&P MidCap 400 Revenue ETF by 4.8% in the third quarter. UBS Group AG now owns 84,443 shares of the company’s stock valued at $10,556,000 after purchasing an additional 3,852 shares during the last quarter.
Invesco S&P MidCap 400 Revenue ETF Stock Performance
Shares of RWK stock opened at $140.22 on Monday. Invesco S&P MidCap 400 Revenue ETF has a fifty-two week low of $98.43 and a fifty-two week high of $140.79. The stock has a 50 day moving average price of $132.15 and a two-hundred day moving average price of $129.16. The company has a market capitalization of $1.22 billion, a P/E ratio of 14.05 and a beta of 1.09.
About Invesco S&P MidCap 400 Revenue ETF
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.