Baldwin Wealth Partners LLC MA Makes New $849,000 Investment in Invesco S&P 500 Revenue ETF $RWL

Baldwin Wealth Partners LLC MA purchased a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, Holdings Channel reports. The fund purchased 6,600 shares of the company’s stock, valued at approximately $849,000.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in Invesco S&P 500 Revenue ETF by 0.3% during the first quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock worth $252,220,000 after purchasing an additional 5,552 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Invesco S&P 500 Revenue ETF by 71.6% in the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock valued at $194,277,000 after purchasing an additional 705,554 shares during the last quarter. Fusion Family Wealth LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 3.0% in the first quarter. Fusion Family Wealth LLC now owns 1,677,074 shares of the company’s stock valued at $192,713,000 after purchasing an additional 48,750 shares during the period. Cetera Investment Advisers raised its position in shares of Invesco S&P 500 Revenue ETF by 25.5% in the first quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock valued at $125,383,000 after purchasing an additional 221,983 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 9.3% in the first quarter. Kestra Advisory Services LLC now owns 468,418 shares of the company’s stock valued at $53,826,000 after purchasing an additional 39,736 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA RWL opened at $132.90 on Tuesday. The firm has a 50-day moving average of $132.98 and a 200-day moving average of $127.96. The stock has a market cap of $10.03 billion, a PE ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 52-week low of $108.76 and a 52-week high of $135.88.

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.