Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Short Interest Update

Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 168,584 shares, a drop of 50.0% from the July 30th total of 336,957 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 280,594 shares, the days-to-cover ratio is presently 0.6 days.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA:RWL traded up $0.25 during trading on Friday, reaching $134.16. The stock had a trading volume of 184,776 shares, compared to its average volume of 265,757. Invesco S&P 500 Revenue ETF has a 1-year low of $106.99 and a 1-year high of $135.71. The stock has a market cap of $9.86 billion, a PE ratio of 18.14 and a beta of 0.85. The business has a fifty day moving average price of $131.49 and a 200-day moving average price of $124.98.

Institutional Investors Weigh In On Invesco S&P 500 Revenue ETF

A number of large investors have recently modified their holdings of the business. SWAN Capital LLC purchased a new position in Invesco S&P 500 Revenue ETF in the 4th quarter worth approximately $30,000. Aptus Capital Advisors LLC boosted its stake in Invesco S&P 500 Revenue ETF by 359.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after buying an additional 259 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Invesco S&P 500 Revenue ETF by 17.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after buying an additional 115 shares in the last quarter. Assetmark Inc. grew its holdings in Invesco S&P 500 Revenue ETF by 100.6% in the 1st quarter. Assetmark Inc. now owns 953 shares of the company’s stock valued at $110,000 after buying an additional 478 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Invesco S&P 500 Revenue ETF by 125.0% in the 3rd quarter. US Bancorp DE now owns 1,125 shares of the company’s stock worth $124,000 after acquiring an additional 625 shares during the last quarter.

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. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.