Invesco S&P 500 Revenue ETF $RWL Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC raised its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 211.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 112,802 shares of the company’s stock after purchasing an additional 76,572 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $12,962,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Capital Investment Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth approximately $26,000. SWAN Capital LLC purchased a new position in Invesco S&P 500 Revenue ETF in the 4th quarter valued at $30,000. Aptus Capital Advisors LLC grew its position in Invesco S&P 500 Revenue ETF by 359.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock valued at $38,000 after buying an additional 259 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Revenue ETF by 17.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after buying an additional 115 shares during the period. Finally, Avion Wealth acquired a new position in Invesco S&P 500 Revenue ETF in the 4th quarter valued at $88,000.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $131.04 on Thursday. The company has a market cap of $9.59 billion, a P/E ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a one year low of $101.80 and a one year high of $132.56. The firm has a fifty day moving average of $128.52 and a two-hundred day moving average of $122.59.

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.