BNP Paribas Financial Markets Invests $8.59 Million in Invesco S&P 500 Revenue ETF $RWL

BNP Paribas Financial Markets purchased a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the fourth quarter, Holdings Channel.com reports. The fund purchased 75,000 shares of the company’s stock, valued at approximately $8,588,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. KMG Fiduciary Partners LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 4th quarter. KMG Fiduciary Partners LLC now owns 9,101 shares of the company’s stock worth $1,042,000 after purchasing an additional 90 shares during the period. Stephens Inc. AR raised its position in shares of Invesco S&P 500 Revenue ETF by 4.4% during the 4th quarter. Stephens Inc. AR now owns 2,232 shares of the company’s stock worth $256,000 after purchasing an additional 94 shares during the period. Dynamic Advisor Solutions LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 10,775 shares of the company’s stock worth $1,234,000 after purchasing an additional 103 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Invesco S&P 500 Revenue ETF by 17.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after purchasing an additional 115 shares during the period. Finally, Savant Capital LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 4th quarter. Savant Capital LLC now owns 4,315 shares of the company’s stock worth $494,000 after purchasing an additional 124 shares during the period.

Invesco S&P 500 Revenue ETF Trading Up 0.2%

Shares of Invesco S&P 500 Revenue ETF stock opened at $127.24 on Tuesday. The business’s 50 day simple moving average is $122.39 and its 200-day simple moving average is $118.77. The stock has a market capitalization of $9.01 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a twelve month low of $101.18 and a twelve month high of $128.42.

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. 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.