Valley National Advisers Inc. Makes New $62,000 Investment in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ)

Valley National Advisers Inc. bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,458 shares of the company’s stock, valued at approximately $62,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brown Advisory Inc. raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 3.6% during the fourth quarter. Brown Advisory Inc. now owns 11,166 shares of the company’s stock valued at $463,000 after purchasing an additional 384 shares in the last quarter. Atria Wealth Solutions Inc. raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 6.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 6,796 shares of the company’s stock valued at $282,000 after purchasing an additional 433 shares in the last quarter. Financial Advocates Investment Management raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 1.7% during the fourth quarter. Financial Advocates Investment Management now owns 41,367 shares of the company’s stock valued at $1,714,000 after purchasing an additional 708 shares in the last quarter. Western Wealth Management LLC raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 2.5% during the fourth quarter. Western Wealth Management LLC now owns 29,402 shares of the company’s stock valued at $1,218,000 after purchasing an additional 719 shares in the last quarter. Finally, Wade G W & Inc. raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 0.4% during the fourth quarter. Wade G W & Inc. now owns 214,411 shares of the company’s stock valued at $8,883,000 after purchasing an additional 771 shares in the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 0.0 %

Invesco S&P SmallCap 600 Revenue ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $39.76. 111,562 shares of the company’s stock traded hands, compared to its average volume of 151,888. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 3.65 and a beta of 1.25. The stock has a 50 day moving average of $40.87 and a two-hundred day moving average of $40.82. Invesco S&P SmallCap 600 Revenue ETF has a 12-month low of $33.50 and a 12-month high of $43.02.

About Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.