(RWK) Invesco S&P MidCap 400 - Ratings and Ratios

The Invesco S&P MidCap 400 Revenue ETF (RWK) is designed to track the performance of the S&P MidCap 400 Revenue-Weighted Index, which focuses on mid-capitalization companies within the U.S. equity market. The fund typically allocates at least 90% of its assets to securities included in this index. The index itself is derived from the S&P MidCap 400 Index, which represents approximately 400 mid-sized companies, but it places greater emphasis on firms with positive revenue growth. This approach aims to provide exposure to mid-cap companies that are generating consistent revenue, potentially offering a more stable investment proposition compared to traditional market-cap-weighted indices.

From a technical perspective, RWK is currently trading at $107.55, slightly above its 50-day simple moving average (SMA) of $107.04 but below its 200-day SMA of $114.17, indicating potential resistance at higher levels. The average true range (ATR) of 3.28 suggests moderate volatility, while the average 20-day volume of 24,100 shares reflects relatively low trading activity. On the fundamental side, the ETF manages approximately $719.99 million in assets, positioning it as a mid-sized fund within the mid-cap value category. Based on these metrics, RWK may appeal to investors seeking targeted exposure to mid-cap companies with a focus on revenue generation, though the relatively low trading volume could lead to liquidity challenges during periods of high market stress.