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. RevenueShares Large Cap Index is constructed using a rules-driven methodology, which re-weights the constituent securities of the S&P 500 according to the revenue earned by the companies in the S&P 500. The resulting RevenueShares Large Cap Index contains the same securities as the S&P 500, but in different proportions. The Fund's investment advisor is VTL Associates, LLC. Its sub-advisor is BNY Investment Advisors.
Basic Details
Issuer OppenheimerFunds
Fund NameOppenheimer S&P 500 Revenue ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:RWL
Inception Date2/22/2008
Fund ManagerFrank Vallario, Donal Bishnoi
Phone+1-215-8548181
Fund Focus
Asset ClassEquity
BenchmarkRevShares Large Cap Fund TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$966.72 million
Average Daily Volume$81,568.00
Discount/Premium0.68%
ETF Expenses
Management Fee0.39%
Other Expenses0.00%
Total Expenses0.39%
Fee Waiver0.00%
Net Expenses0.39%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorOFI Advisors, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorOppenheimerFunds Distributor, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCantor Fitzgerald
Oppenheimer S&P 500 Revenue ETF (NYSEARCA:RWL) Frequently Asked Questions
What is Oppenheimer S&P 500 Revenue ETF's stock symbol?
Oppenheimer S&P 500 Revenue ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RWL."
How often does Oppenheimer S&P 500 Revenue ETF pay dividends? What is the dividend yield for Oppenheimer S&P 500 Revenue ETF?
Oppenheimer S&P 500 Revenue ETF declared a special dividend on Wednesday, September 26th. Stockholders of record on Wednesday, September 26th will be paid a dividend of $0.2565 per share on Thursday, September 27th. The ex-dividend date of this dividend is Tuesday, September 25th. View Oppenheimer S&P 500 Revenue ETF's Dividend History.
Has Oppenheimer S&P 500 Revenue ETF been receiving favorable news coverage?
Media stories about RWL stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Oppenheimer S&P 500 Revenue ETF earned a news impact score of 1.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are Oppenheimer S&P 500 Revenue ETF's key executives?
Oppenheimer S&P 500 Revenue ETF's management team includes the folowing people:
- Vincent T. Lowry, Chairman of the Board of Trustee of the Trust (Age 62)
- David A. Whitaker, Chief Compliance Officer of the Trust (Age 38)
- Christopher C. Lanza, Treasurer of the Trust (Age 52)
- Jennifer Folgia, Secretary of the Trust (Age 39)
- Vincent DiStefano, Trustee of the Trust (Age 75)
- Lawrence A. Goldberg, Trustee of the Trust (Age 73)
- John J. Kolodziej, Trustee of the Trust (Age 57)
- James C. McAuliffe, Trustee of the Trust (Age 62)
- Christian W. Myers III, Trustee of the Trust (Age 61)
Who are Oppenheimer S&P 500 Revenue ETF's major shareholders?
Oppenheimer S&P 500 Revenue ETF's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (3.91%), LPL Financial LLC (3.66%), Fusion Family Wealth LLC (3.49%), Tompkins Financial Corp (1.91%), Northwestern Mutual Wealth Management Co. (1.74%) and Commonwealth Equity Services LLC (1.23%).
Which major investors are selling Oppenheimer S&P 500 Revenue ETF stock?
RWL stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Northwestern Mutual Wealth Management Co., LPL Financial LLC, V Wealth Management LLC and Janney Montgomery Scott LLC.
Which major investors are buying Oppenheimer S&P 500 Revenue ETF stock?
RWL stock was purchased by a variety of institutional investors in the last quarter, including Private Advisor Group LLC, Cornerstone Wealth Management LLC, Citadel Advisors LLC, Fusion Family Wealth LLC, Commonwealth Equity Services LLC, Brown Advisory Inc., Tompkins Financial Corp and Jane Street Group LLC.
How do I buy shares of Oppenheimer S&P 500 Revenue ETF?
Shares of RWL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Oppenheimer S&P 500 Revenue ETF's stock price today?
One share of RWL stock can currently be purchased for approximately $51.69.
What is Oppenheimer S&P 500 Revenue ETF's official website?
How can I contact Oppenheimer S&P 500 Revenue ETF?
Oppenheimer S&P 500 Revenue ETF's mailing address is 2005 Market Street, Suite 3320, Philadelphia, 19103, United States. The company can be reached via phone at +1-215-8548181.
MarketBeat Community Rating for Oppenheimer S&P 500 Revenue ETF (NYSEARCA RWL)
MarketBeat's community ratings are surveys of what our community members think about Oppenheimer S&P 500 Revenue ETF and other stocks. Vote "Outperform" if you believe RWL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RWL will underperform the S&P 500 over the long term. You may vote once every thirty days.
