Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sets New 52-Week High at $96.55

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $96.55 and last traded at $96.23, with a volume of 30729 shares trading hands. The stock had previously closed at $96.19.

Invesco S&P 500 Revenue ETF Price Performance

The company has a 50 day moving average price of $92.84 and a 200 day moving average price of $90.53. The firm has a market cap of $3.21 billion, a PE ratio of 18.52 and a beta of 0.73.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its position in Invesco S&P 500 Revenue ETF by 95.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 559,357 shares of the company’s stock worth $52,429,000 after purchasing an additional 272,997 shares during the period. Stifel Financial Corp grew its holdings in Invesco S&P 500 Revenue ETF by 538.1% during the fourth quarter. Stifel Financial Corp now owns 150,425 shares of the company’s stock worth $12,837,000 after acquiring an additional 126,850 shares during the period. Cadent Capital Advisors LLC purchased a new position in Invesco S&P 500 Revenue ETF in the first quarter worth $11,154,000. Cetera Investment Advisers lifted its holdings in Invesco S&P 500 Revenue ETF by 1,058.9% in the first quarter. Cetera Investment Advisers now owns 112,930 shares of the company’s stock valued at $10,585,000 after acquiring an additional 103,185 shares during the period. Finally, Kraft Davis & Associates LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the 1st quarter worth $9,380,000.

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.