Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Hits New 12-Month High – What’s Next?

Shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $49.30 and last traded at $49.21, with a volume of 20713 shares. The stock had previously closed at $48.29.

Invesco S&P SmallCap 600 Revenue ETF Trading Down 1.3 %

The firm has a market capitalization of $1.76 billion, a P/E ratio of 3.65 and a beta of 1.25. The stock has a 50 day simple moving average of $46.01 and a 200-day simple moving average of $43.50.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

A number of institutional investors and hedge funds have recently bought and sold shares of RWJ. Western Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.6% during the second quarter. Western Wealth Management LLC now owns 30,014 shares of the company’s stock worth $1,203,000 after acquiring an additional 463 shares during the last quarter. Atria Investments Inc boosted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 18.3% during the 1st quarter. Atria Investments Inc now owns 44,365 shares of the company’s stock valued at $1,899,000 after purchasing an additional 6,876 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.5% during the second quarter. NewEdge Advisors LLC now owns 32,430 shares of the company’s stock valued at $1,299,000 after purchasing an additional 493 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 3.6% in the second quarter. Raymond James & Associates now owns 251,730 shares of the company’s stock worth $10,087,000 after purchasing an additional 8,719 shares during the last quarter. Finally, IFG Advisory LLC lifted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 6.2% in the second quarter. IFG Advisory LLC now owns 64,837 shares of the company’s stock worth $2,598,000 after buying an additional 3,782 shares in the last quarter.

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.