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 Invesco
Fund NameInvesco 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
BenchmarkS&P 500 Revenue-Weighted Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$937.45 million
Average Daily Volume$39,613.20
Discount/Premium0.05%
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 Maker
Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Frequently Asked Questions
What is Invesco S&P 500 Revenue ETF's stock symbol?
Invesco S&P 500 Revenue ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "RWL."
How often does Invesco S&P 500 Revenue ETF pay dividends? What is the dividend yield for Invesco S&P 500 Revenue ETF?
Invesco S&P 500 Revenue ETF announced a quarterly dividend on Monday, December 23rd. Stockholders of record on Tuesday, December 24th will be given a dividend of $0.3152 per share on Tuesday, December 31st. This represents a $1.26 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Monday, December 23rd. This is a positive change from Invesco S&P 500 Revenue ETF's previous quarterly dividend of $0.23. View Invesco S&P 500 Revenue ETF's Dividend History.
Has Invesco S&P 500 Revenue ETF been receiving favorable news coverage?
Media headlines about RWL stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Invesco S&P 500 Revenue ETF earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Invesco S&P 500 Revenue ETF.
What other stocks do shareholders of Invesco S&P 500 Revenue ETF own?
Who are Invesco S&P 500 Revenue ETF's key executives?
Invesco 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 Invesco S&P 500 Revenue ETF's major shareholders?
Invesco S&P 500 Revenue ETF's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (8.66%), Fusion Family Wealth LLC (4.82%), UBS Group AG (3.49%), Tompkins Financial Corp (2.36%), Northwestern Mutual Wealth Management Co. (2.06%) and Klingman & Associates LLC (1.13%).
Which major investors are selling Invesco S&P 500 Revenue ETF stock?
RWL stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Inc., Private Advisor Group LLC, Raymond James & Associates, Kelman Lazarov Inc., Northwestern Mutual Wealth Management Co., Diligent Investors LLC, UBS Group AG and First Allied Advisory Services Inc..
Which major investors are buying Invesco S&P 500 Revenue ETF stock?
RWL stock was purchased by a variety of institutional investors in the last quarter, including Resonant Capital Advisors LLC, Wealth Alliance, Equitable Holdings Inc., Bank of America Corp DE, Cambridge Investment Research Advisors Inc., CWM LLC, Renaissance Investment Consultants Holding Company LLC and Jane Street Group LLC.
How do I buy shares of Invesco 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, Robinhood, Fidelity and Charles Schwab.
What is Invesco S&P 500 Revenue ETF's stock price today?
One share of RWL stock can currently be purchased for approximately $54.67.
How big of a company is Invesco S&P 500 Revenue ETF?
What is Invesco S&P 500 Revenue ETF's official website?
How can I contact Invesco S&P 500 Revenue ETF?
Invesco 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 Invesco S&P 500 Revenue ETF (NYSEARCA RWL)
MarketBeat's community ratings are surveys of what our community members think about Invesco 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.
