Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Reaches New 12-Month High – Here’s What Happened

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $104.39 and last traded at $104.39, with a volume of 200991 shares changing hands. The stock had previously closed at $103.91.

Invesco S&P 500 Revenue ETF Trading Down 1.6 %

The stock has a market capitalization of $3.47 billion, a P/E ratio of 18.52 and a beta of 0.73. The company’s 50-day moving average is $101.01 and its two-hundred day moving average is $99.27.

Institutional Trading of Invesco S&P 500 Revenue ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Creekmur Asset Management LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth about $29,000. Stonebridge Financial Group LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth about $30,000. Abound Wealth Management bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth about $37,000. Mpwm Advisory Solutions LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth about $40,000. Finally, GoalVest Advisory LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter worth approximately $65,000.

About Invesco S&P 500 Revenue ETF

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.