November 24, 2016 - By Clifton Ray · 0 Comments
Nov 24 is a positive day so far for Oppenheimer Large Cap Revenue ETF (NYSEARCA:RWL) as the ETF is active during the day after gaining 0.23% to hit $43.11 per share. The exchange traded fund has 437.51 million net assets and 0.95% volatility this month.
Over the course of the day 8,841 shares traded hands, as compared to an average volume of 45,390 over the last 30 days for Oppenheimer Large Cap Revenue ETF (NYSEARCA:RWL).
The ETF is -1.15% of its 52-Week High and 20.51% of its low, and is currently having ATR of 0.47. This year’s performance is 6.52% while this quarter’s performance is -1.01%.
The ETF’s YTD performance is 4.67%, the 1 year is 3.56% and the 3 year is 7.57%.
The ETF’s average P/E ratio is 15.75, the price to book is 2.24, the price to sales is 0.76 and the price to cashflow is 7.17. It was started on 03/07/2008. The fund’s top holdings are: Wal-Mart Stores Inc. Common St for 4.59% of assets, Apple Inc. for 2.22%, Berkshire Hathaway Inc B for 1.99%, Exxon Mobil Corporation Common for 1.97%, UnitedHealth Group Incorporated for 1.77%, General Motors Company Common S for 1.59%, CVS Health Corporation Common S for 1.53%, AT&T Inc. for 1.45%, McKesson Corporation Common Sto for 1.43%, Ford Motor Company Common Stock for 1.42%. The ETF sector weights are: Basic Materials 2.75%, Consumer Cyclical 14.72%, Financial Services 13.20%, Realestate 0.60%, Consumer Defensive 15.23%, Healthcare 15.93%, Utilities 2.98%, Communication Services 3.95%, Energy 7.50%, Industrials 12.49%, Technology 10.65%. The ETF currently as 1.79% yield.
More notable recent RevenueShares Large Cap Fund (ETF) (NYSEARCA:RWL) news were published by: Benzinga.com which released: “Oppenheimer Expands Revenue-Weighted Lineup With ESG ETFs” on November 03, 2016, also Nasdaq.com with their article: “OppenheimerFunds Acquires RevenueShares ETFs” published on September 09, 2015, Etftrends.com published: “As Earnings Kick Off, These ETFs Weight by Revenue, Profits” on April 11, 2011. More interesting news about RevenueShares Large Cap Fund (ETF) (NYSEARCA:RWL) were released by: Etftrends.com and their article: “RevenueShares Looks for Suitors” published on May 07, 2015 as well as Forbes.com‘s news article titled: “Best ETFs for Investors” with publication date: June 04, 2014.
RevenueShares Large Cap ETF 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 ETF has a market cap of $437.51 million. The Fund consists of the same constituent securities as the S&P 500. It has a 5.73 P/E ratio. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue.
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By Clifton Ray