Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Hits New 52-Week High at $97.72

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $97.72 and last traded at $97.44, with a volume of 62416 shares traded. The stock had previously closed at $97.10.

Invesco S&P 500 Revenue ETF Stock Down 0.0 %

The business has a 50-day moving average of $94.87 and a 200-day moving average of $92.93. The stock has a market cap of $3.30 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73.

Institutional Investors Weigh In On Invesco S&P 500 Revenue ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in RWL. Comerica Bank increased its position in Invesco S&P 500 Revenue ETF by 1.0% during the first quarter. Comerica Bank now owns 11,660 shares of the company’s stock worth $1,093,000 after buying an additional 111 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 1.0% in the second quarter. Concurrent Investment Advisors LLC now owns 12,323 shares of the company’s stock worth $1,141,000 after buying an additional 118 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Invesco S&P 500 Revenue ETF by 3.4% during the 1st quarter. GSA Capital Partners LLP now owns 5,340 shares of the company’s stock worth $501,000 after acquiring an additional 178 shares in the last quarter. Perennial Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 0.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 39,592 shares of the company’s stock valued at $3,667,000 after acquiring an additional 189 shares during the last quarter. Finally, Consolidated Portfolio Review Corp raised its stake in shares of Invesco S&P 500 Revenue ETF by 0.9% in the 1st quarter. Consolidated Portfolio Review Corp now owns 26,921 shares of the company’s stock valued at $2,523,000 after acquiring an additional 247 shares in the last quarter.

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.