Brookstone Capital Management cut its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 48.5% in the 1st quarter, HoldingsChannel reports. The fund owned 58,699 shares of the company’s stock after selling 55,252 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 500 Revenue ETF were worth $6,745,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. GoalVest Advisory LLC increased its stake in Invesco S&P 500 Revenue ETF by 355.1% in the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter valued at approximately $26,000. SWAN Capital LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter worth approximately $30,000. Aptus Capital Advisors LLC increased its stake in shares of Invesco S&P 500 Revenue ETF by 359.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after buying an additional 259 shares during the period. Finally, Tortoise Investment Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth $39,000.
Invesco S&P 500 Revenue ETF Stock Up 0.1%
NYSEARCA:RWL opened at $127.09 on Wednesday. The firm has a market capitalization of $9.00 billion, a P/E ratio of 18.14 and a beta of 0.86. The company has a fifty day moving average of $124.99 and a 200 day moving average of $119.94. Invesco S&P 500 Revenue ETF has a 52 week low of $101.80 and a 52 week high of $130.00.
Invesco S&P 500 Revenue ETF 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.
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