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

Dynamic Advisor Solutions LLC has reduced its investment in the Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 8.1% during the third quarter, based on its most recent filing with the Securities and Exchange Commission (SEC). As a result of selling 277 shares, the fund now holds 3,136 shares of RWK, with a total value of $365,000.

Other institutional investors have also made notable changes to their positions in RWK. First Command Advisory Services Inc. significantly increased its stake by 105.6% in the second quarter, now owning 993 shares worth approximately $109,000 after acquiring an additional 510 shares. Similarly, Great Valley Advisor Group Inc. raised its holdings by 16.1%, bringing its total to 2,329 shares valued at around $256,000 after purchasing 323 additional shares. Mercer Global Advisors Inc. also entered the market with a new investment in RWK worth about $257,000 during the same period. Willner & Heller LLC increased its position by 9.8%, owning 2,858 shares valued at $314,000 following the addition of 254 shares. Finally, Comerica Bank raised its stake by 2.8%, now holding 3,310 shares valued at $381,000 after buying 90 more shares in the prior quarter.

Performance Overview of Invesco S&P MidCap 400 Revenue ETF

As of the latest trading session, shares of Invesco S&P MidCap 400 Revenue ETF opened at $117.36. The fund has seen a 50-day moving average of $113.18 and a 200-day moving average of $112.13. Over the past year, the fund recorded a low of $87.00 and a high of $117.46. Presently, it boasts a market capitalization of approximately $799.22 million with a price-to-earnings ratio of 12.24 and a beta of 1.06.

About Invesco S&P MidCap 400 Revenue ETF

The Invesco S&P MidCap 400 Revenue ETF seeks to outperform the total return performance of the S&P MidCap 400 Index by investing in the same securities represented in the S&P 400 in similar proportions. This enables the fund to mirror the growth potential of mid-cap companies in the U.S. market.

Investment, ETF, Stake