Ipsen Advisor Group LLC Takes $4.75 Million Position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK)

Ipsen Advisor Group LLC purchased a new stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 40,839 shares of the company’s stock, valued at approximately $4,747,000. Invesco S&P MidCap 400 Revenue ETF accounts for approximately 4.1% of Ipsen Advisor Group LLC’s holdings, making the stock its 8th biggest holding. Ipsen Advisor Group LLC owned about 0.60% of Invesco S&P MidCap 400 Revenue ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. CreativeOne Wealth LLC purchased a new stake in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter valued at about $648,000. Rockefeller Capital Management L.P. raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 4.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 14,207 shares of the company’s stock valued at $1,653,000 after acquiring an additional 549 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter worth approximately $289,000. Integrated Wealth Concepts LLC boosted its position in shares of Invesco S&P MidCap 400 Revenue ETF by 3.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 26,070 shares of the company’s stock worth $3,032,000 after purchasing an additional 848 shares during the period. Finally, MML Investors Services LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 1.4% in the 3rd quarter. MML Investors Services LLC now owns 23,841 shares of the company’s stock valued at $2,773,000 after purchasing an additional 331 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Down 0.5 %

Shares of NYSEARCA RWK opened at $111.11 on Wednesday. The business’s 50 day moving average is $116.76 and its two-hundred day moving average is $117.70. Invesco S&P MidCap 400 Revenue ETF has a 52-week low of $104.14 and a 52-week high of $127.38. The firm has a market cap of $848.88 million, a price-to-earnings ratio of 15.30 and a beta of 1.27.

Invesco S&P MidCap 400 Revenue ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.38 per share. This is a positive change from Invesco S&P MidCap 400 Revenue ETF’s previous dividend of $0.34. The ex-dividend date is Monday, March 24th.

About Invesco S&P MidCap 400 Revenue ETF

RevenueShares Mid Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P MidCap 400 Index (S&P 400) by investing in the constituent securities of the S&P 400 in the same proportions as the RevenueShares Mid Cap Index. The Fund consists of the same constituent securities as the S&P 400.