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

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) shares saw unusually-strong trading volume on Friday . Approximately 1,595,335 shares traded hands during mid-day trading, an increase of 379% from the previous session’s volume of 332,725 shares.The stock last traded at $92.06 and had previously closed at $96.08.

Invesco S&P 500 Revenue ETF Price Performance

The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 18.99 and a beta of 0.97. The business’s 50-day moving average price is $100.98 and its two-hundred day moving average price is $100.32.

Invesco S&P 500 Revenue ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3904 per share. This is an increase from Invesco S&P 500 Revenue ETF’s previous dividend of $0.33. The ex-dividend date was Monday, March 24th.

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

Hedge funds have recently bought and sold shares of the company. FMR LLC grew its holdings in shares of Invesco S&P 500 Revenue ETF by 19.2% during the 3rd quarter. FMR LLC now owns 4,749 shares of the company’s stock valued at $466,000 after purchasing an additional 764 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Invesco S&P 500 Revenue ETF by 7.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 13,247 shares of the company’s stock worth $1,299,000 after buying an additional 924 shares during the period. Stifel Financial Corp increased its position in Invesco S&P 500 Revenue ETF by 6.3% in the 3rd quarter. Stifel Financial Corp now owns 267,345 shares of the company’s stock valued at $26,221,000 after acquiring an additional 15,936 shares during the period. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter valued at $3,904,000. Finally, Orion Portfolio Solutions LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $339,000.

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.