Independent Advisor Alliance Makes New $516,000 Investment in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ)

Independent Advisor Alliance purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 11,277 shares of the company’s stock, valued at approximately $516,000.

Several other hedge funds also recently modified their holdings of the company. MAI Capital Management boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 12.8% in the third quarter. MAI Capital Management now owns 11,618 shares of the company’s stock worth $531,000 after acquiring an additional 1,321 shares during the last quarter. MWA Asset Management boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 11.0% in the third quarter. MWA Asset Management now owns 7,941 shares of the company’s stock worth $363,000 after acquiring an additional 790 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 15.8% in the third quarter. Moors & Cabot Inc. now owns 16,950 shares of the company’s stock worth $775,000 after acquiring an additional 2,314 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 27.2% in the third quarter. Citizens Financial Group Inc. RI now owns 23,419 shares of the company’s stock worth $1,070,000 after acquiring an additional 5,013 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 3.2% in the third quarter. LPL Financial LLC now owns 2,909,738 shares of the company’s stock worth $133,004,000 after acquiring an additional 91,192 shares during the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

RWJ opened at $41.59 on Tuesday. The company’s 50 day simple moving average is $45.36 and its 200 day simple moving average is $45.82. Invesco S&P SmallCap 600 Revenue ETF has a 1 year low of $39.08 and a 1 year high of $49.92. The stock has a market capitalization of $1.63 billion, a PE ratio of 12.35 and a beta of 1.28.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

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.