Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sets New 1-Year High – Here’s What Happened

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $114.80 and last traded at $114.6590, with a volume of 19473 shares trading hands. The stock had previously closed at $114.23.

Invesco S&P 500 Revenue ETF Trading Up 0.3%

The stock has a market capitalization of $7.05 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. The firm has a 50-day moving average of $111.74 and a 200 day moving average of $107.26.

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

A number of large investors have recently added to or reduced their stakes in RWL. Invesco Ltd. lifted its holdings in Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock worth $1,015,453,000 after buying an additional 999,935 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P 500 Revenue ETF by 30.4% during the first quarter. Ameriprise Financial Inc. now owns 4,214,182 shares of the company’s stock valued at $418,802,000 after acquiring an additional 982,262 shares in the last quarter. Allworth Financial LP increased its position in shares of Invesco S&P 500 Revenue ETF by 1.5% during the third quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock worth $252,815,000 after acquiring an additional 32,997 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth about $251,111,000. Finally, Bank of America Corp DE boosted its holdings in Invesco S&P 500 Revenue ETF by 9.1% in the third quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock valued at $242,738,000 after purchasing an additional 182,412 shares during the last quarter.

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.