Dynamic Advisor Solutions LLC Adjusts Stake in Invesco S&P MidCap 400 Revenue ETF

Dynamic Advisor Solutions LLC has reduced its stake in the Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 8.1% during the third quarter, as indicated in their latest 13F filing with the Securities and Exchange Commission. Following this adjustment, the fund now owns 3,136 shares after selling off 277 shares in the quarter. The valuation of Dynamic Advisor Solutions LLC's position in the ETF stands at approximately $365,000.

Various other institutional investors have also been active with their investments in RWK. For instance, First Command Advisory Services Inc. significantly increased its ownership in the ETF by 105.6% during the second quarter, now holding 993 shares valued at around $109,000 after purchasing 510 additional shares.

In addition, Great Valley Advisor Group Inc. raised its stake in the Invesco S&P MidCap 400 Revenue ETF by 16.1% during the second quarter, acquiring 2,329 shares worth $256,000 after an increase of 323 shares in the last quarter. Meanwhile, Mercer Global Advisors Inc. ADV made a new investment in the ETF during the same period, valued at approximately $257,000. Willner & Heller LLC also boosted its holdings by 9.8%, owning 2,858 shares worth $314,000, following the purchase of 254 additional shares.

Finally, Comerica Bank enhanced its stake by 2.8% during the first quarter, now holding 3,310 shares valued at $381,000 after an increase of 90 shares.

Performance of Invesco S&P MidCap 400 Revenue ETF

On Friday, shares of the Invesco S&P MidCap 400 Revenue ETF opened at $117.36. Currently, the fund has a 50-day simple moving average of $113.18, and a 200-day simple moving average of $112.13. The ETF has registered a one-year low of $87.00 and a one-year high of $117.46, indicating a stable market cap of about $799.22 million, alongside a PE ratio of 12.24 and a beta of 1.06.

Company Overview of Invesco S&P MidCap 400 Revenue ETF

The RevenueShares Mid Cap ETF aims to exceed the total return performance of the S&P MidCap 400 Index by investing in the constituent securities of the S&P 400 in comparable proportions as the RevenueShares Mid Cap Index. The fund comprises the same roster of securities as the S&P 400.

Dynamic, Investments, ETF