Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sees Unusually-High Trading Volume

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) shares saw strong trading volume on Thursday . 129,942 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 127,689 shares.The stock last traded at $97.65 and had previously closed at $97.07.

Invesco S&P 500 Revenue ETF Stock Down 0.6 %

The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73. The stock has a 50 day moving average of $95.08 and a 200 day moving average of $93.04.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Glassman Wealth Services acquired a new position in Invesco S&P 500 Revenue ETF in the first quarter valued at about $70,000. Flagstar Advisors Inc. acquired a new position in Invesco S&P 500 Revenue ETF in the first quarter valued at about $207,000. Fisher Asset Management LLC acquired a new position in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $211,000. Kingsview Wealth Management LLC acquired a new position in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $218,000. Finally, WealthTrust Asset Management LLC acquired a new position in Invesco S&P 500 Revenue ETF in the first quarter valued at about $248,000.

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.