Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Update

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 57,793 shares, a growth of 129.1% from the May 14th total of 25,221 shares. Based on an average daily volume of 97,427 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Several institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 4.8% during the first quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock valued at $2,226,000 after acquiring an additional 2,000 shares during the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in Invesco S&P SmallCap 600 Revenue ETF in the first quarter worth $366,000. Wellington Grp LLC boosted its position in Invesco S&P SmallCap 600 Revenue ETF by 8.0% in the first quarter. Wellington Grp LLC now owns 485,446 shares of the company’s stock worth $24,505,000 after purchasing an additional 35,805 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco S&P SmallCap 600 Revenue ETF by 8.4% in the 1st quarter. Bank of America Corp DE now owns 1,339,599 shares of the company’s stock valued at $67,623,000 after purchasing an additional 104,300 shares during the period. Finally, Ashton Thomas Securities LLC bought a new position in Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter valued at $139,000.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

NYSEARCA:RWJ opened at $58.78 on Friday. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 13.17 and a beta of 1.08. Invesco S&P SmallCap 600 Revenue ETF has a 52 week low of $41.44 and a 52 week high of $59.17. The firm has a 50-day moving average price of $54.92 and a two-hundred day moving average price of $52.33.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

(Get Free Report)

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.

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