Modern Wealth Management LLC Lowers Holdings in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ)

Modern Wealth Management LLC reduced its position in shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) by 6.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,243 shares of the company’s stock after selling 574 shares during the quarter. Modern Wealth Management LLC’s holdings in Invesco S&P SmallCap 600 Revenue ETF were worth $383,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of RWJ. Cerity Partners LLC lifted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 57.3% during the third quarter. Cerity Partners LLC now owns 20,608 shares of the company’s stock valued at $942,000 after purchasing an additional 7,507 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in Invesco S&P SmallCap 600 Revenue ETF by 2.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 36,883 shares of the company’s stock worth $1,686,000 after buying an additional 867 shares during the last quarter. Captrust Financial Advisors bought a new position in Invesco S&P SmallCap 600 Revenue ETF during the 3rd quarter valued at about $239,000. Hilltop Holdings Inc. boosted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 4.4% during the 3rd quarter. Hilltop Holdings Inc. now owns 17,890 shares of the company’s stock valued at $818,000 after acquiring an additional 754 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 15.5% in the third quarter. HighTower Advisors LLC now owns 22,333 shares of the company’s stock worth $1,025,000 after acquiring an additional 2,992 shares during the period.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 0.5 %

Shares of Invesco S&P SmallCap 600 Revenue ETF stock opened at $41.66 on Friday. Invesco S&P SmallCap 600 Revenue ETF has a twelve month low of $39.08 and a twelve month high of $49.92. The company’s 50 day moving average is $44.71 and its 200 day moving average is $45.67. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 12.35 and a beta of 1.28.

Invesco S&P SmallCap 600 Revenue ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.