Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Get Free Report) reached a new 52-week high on Friday . The stock traded as high as $125.92 and last traded at $125.84, with a volume of 8896 shares trading hands. The stock had previously closed at $125.22.
Invesco S&P 500 Revenue ETF Stock Performance
The firm has a fifty day moving average price of $119.65 and a two-hundred day moving average price of $117.51. The stock has a market capitalization of $8.93 billion, a P/E ratio of 18.14 and a beta of 0.86.
Hedge Funds Weigh In On Invesco S&P 500 Revenue ETF
Institutional investors have recently bought and sold shares of the stock. GoalVest Advisory LLC raised its holdings in Invesco S&P 500 Revenue ETF by 355.1% in the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC bought a new position in Invesco S&P 500 Revenue ETF in the 4th quarter worth $26,000. SWAN Capital LLC bought a new position in Invesco S&P 500 Revenue ETF in the 4th quarter worth $30,000. Aptus Capital Advisors LLC raised its holdings in Invesco S&P 500 Revenue ETF by 359.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after purchasing an additional 259 shares during the period. Finally, Tortoise Investment Management LLC bought a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter worth $39,000.
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. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.
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