Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sees Strong Trading Volume

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) shares saw an uptick in trading volume on Tuesday . 413,028 shares changed hands during trading, an increase of 208% from the previous session’s volume of 134,071 shares.The stock last traded at $91.30 and had previously closed at $91.15.

Invesco S&P 500 Revenue ETF Stock Up 0.4 %

The firm has a market capitalization of $2.99 billion, a P/E ratio of 18.08 and a beta of 0.76. The stock has a fifty day moving average of $91.23 and a 200-day moving average of $86.19.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Smithfield Trust Co bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $27,000. Glassman Wealth Services bought a new stake in Invesco S&P 500 Revenue ETF during the first quarter worth $70,000. NBC Securities Inc. bought a new position in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $90,000. Private Trust Co. NA increased its stake in shares of Invesco S&P 500 Revenue ETF by 12.2% during the 4th quarter. Private Trust Co. NA now owns 2,329 shares of the company’s stock worth $199,000 after purchasing an additional 254 shares during the last quarter. Finally, Cedar Brook Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF in the 4th quarter valued at about $204,000.

Invesco S&P 500 Revenue ETF Company Profile

RevenueShares Large Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P 500 Index (S&P 500) by investing in the constituent securities of the S&P 500 in the same proportions as the RevenueShares Large Cap Index. The Fund consists of the same constituent securities as the S&P 500.