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 reached a new 52-week high during trading on Friday . The stock traded as high as $102.99 and last traded at $102.99, with a volume of 48139 shares trading hands. The stock had previously closed at $102.32.

Invesco S&P 500 Revenue ETF Price Performance

The company has a market capitalization of $3.50 billion, a P/E ratio of 18.52 and a beta of 0.73. The company has a fifty day moving average price of $98.92 and a 200 day moving average price of $95.42.

Hedge Funds Weigh In On Invesco S&P 500 Revenue ETF

Institutional investors have recently made changes to their positions in the stock. Creekmur Asset Management LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth approximately $29,000. GoalVest Advisory LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the third quarter worth approximately $65,000. Glass Jacobson Investment Advisors llc lifted its position in shares of Invesco S&P 500 Revenue ETF by 59.4% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,111 shares of the company’s stock valued at $109,000 after acquiring an additional 414 shares during the last quarter. Huntington National Bank lifted its position in shares of Invesco S&P 500 Revenue ETF by 8.1% during the 3rd quarter. Huntington National Bank now owns 1,672 shares of the company’s stock valued at $164,000 after acquiring an additional 125 shares during the last quarter. Finally, Lowery Thomas LLC acquired a new stake in Invesco S&P 500 Revenue ETF during the 3rd quarter valued at $207,000.

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.