Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Sees Unusually-High Trading Volume – Here’s Why

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) shares saw unusually-strong trading volume on Tuesday . Approximately 144,275 shares were traded during trading, a decline of 15% from the previous session’s volume of 169,079 shares.The stock last traded at $100.63 and had previously closed at $100.42.

Invesco S&P 500 Revenue ETF Trading Down 0.2 %

The company has a market capitalization of $5.08 billion, a PE ratio of 18.80 and a beta of 0.97. The firm has a 50 day simple moving average of $101.58 and a two-hundred day simple moving average of $100.23.

Invesco S&P 500 Revenue ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.3904 dividend. This is a positive change from Invesco S&P 500 Revenue ETF’s previous dividend of $0.33. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 31.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 84,729 shares of the company’s stock valued at $8,309,000 after purchasing an additional 20,321 shares in the last quarter. FMR LLC increased its holdings in Invesco S&P 500 Revenue ETF by 19.2% in the third quarter. FMR LLC now owns 4,749 shares of the company’s stock valued at $466,000 after buying an additional 764 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Invesco S&P 500 Revenue ETF by 21.6% during the 4th quarter. Principal Securities Inc. now owns 2,244 shares of the company’s stock valued at $220,000 after acquiring an additional 399 shares during the period. Truist Financial Corp boosted its stake in shares of Invesco S&P 500 Revenue ETF by 3.2% during the 4th quarter. Truist Financial Corp now owns 30,208 shares of the company’s stock worth $2,958,000 after acquiring an additional 927 shares in the last quarter. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco S&P 500 Revenue ETF in the 4th quarter worth approximately $207,000.

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.