Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sees Large Volume Increase – What’s Next?

Invesco S&P 500 Revenue ETF (NYSEARCA:RWLGet Free Report) saw an uptick in trading volume on Thursday . 4,964,829 shares were traded during mid-day trading, an increase of 758% from the previous session’s volume of 578,900 shares.The stock last traded at $102.60 and had previously closed at $102.26.

Invesco S&P 500 Revenue ETF Trading Up 0.1 %

The company’s 50 day moving average is $100.90 and its 200-day moving average is $98.08. The company has a market capitalization of $3.50 billion, a P/E ratio of 18.52 and a beta of 0.73.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Creekmur Asset Management LLC purchased a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at about $29,000. Abound Wealth Management purchased a new position in Invesco S&P 500 Revenue ETF in the 4th quarter valued at approximately $37,000. GoalVest Advisory LLC acquired a new position in Invesco S&P 500 Revenue ETF during the third quarter worth $65,000. Glass Jacobson Investment Advisors llc boosted its position in Invesco S&P 500 Revenue ETF by 59.4% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,111 shares of the company’s stock worth $109,000 after purchasing an additional 414 shares in the last quarter. Finally, Huntington National Bank grew its holdings in Invesco S&P 500 Revenue ETF by 8.1% in the third quarter. Huntington National Bank now owns 1,672 shares of the company’s stock valued at $164,000 after purchasing an additional 125 shares during the last quarter.

About Invesco S&P 500 Revenue ETF

(Get Free Report)

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.

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