Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sees Strong Trading Volume – Still a Buy?

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) saw unusually-high trading volume on Thursday . Approximately 77,842 shares traded hands during trading, a decline of 39% from the previous session’s volume of 128,602 shares.The stock last traded at $102.10 and had previously closed at $102.23.

Invesco S&P 500 Revenue ETF Trading Down 0.4 %

The company has a market cap of $3.46 billion, a PE ratio of 18.52 and a beta of 0.73. The firm has a 50 day moving average of $98.16 and a two-hundred day moving average of $94.98.

Institutional Trading of Invesco S&P 500 Revenue ETF

Several large investors have recently added to or reduced their stakes in RWL. Creekmur Asset Management LLC purchased a new position in Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $29,000. GoalVest Advisory LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth $65,000. Huntington National Bank lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 8.1% in the third quarter. Huntington National Bank now owns 1,672 shares of the company’s stock worth $164,000 after buying an additional 125 shares in the last quarter. Lowery Thomas LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth $207,000. Finally, Secure Asset Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the second quarter worth $247,000.

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.