Partners Wealth Management LLC acquired a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 26,871 shares of the company’s stock, valued at approximately $3,458,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco S&P 500 Revenue ETF during the 3rd quarter worth about $34,000. Root Financial Partners LLC acquired a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $64,000. TD Waterhouse Canada Inc. acquired a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $67,000. CoreCap Advisors LLC grew its position in Invesco S&P 500 Revenue ETF by 1,661.8% in the 3rd quarter. CoreCap Advisors LLC now owns 599 shares of the company’s stock valued at $77,000 after acquiring an additional 565 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Invesco S&P 500 Revenue ETF by 100.6% during the first quarter. Assetmark Inc. now owns 953 shares of the company’s stock worth $110,000 after purchasing an additional 478 shares during the period.
Invesco S&P 500 Revenue ETF Price Performance
Shares of NYSEARCA:RWL opened at $135.30 on Friday. The firm has a market capitalization of $10.35 billion, a PE ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 1 year low of $109.26 and a 1 year high of $135.88. The firm’s 50-day moving average is $132.96 and its two-hundred day moving average is $126.05.
About Invesco S&P 500 Revenue ETF
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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