Flaharty Asset Management LLC Buys Shares of 5,344 Invesco S&P 500 Revenue ETF $RWL

Flaharty Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,344 shares of the company’s stock, valued at approximately $591,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in RWL. JNBA Financial Advisors bought a new position in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at approximately $27,000. Mark Sheptoff Financial Planning LLC increased its position in Invesco S&P 500 Revenue ETF by 40.9% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 341 shares of the company’s stock valued at $36,000 after acquiring an additional 99 shares during the period. Thompson Investment Management Inc. acquired a new position in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at approximately $52,000. Root Financial Partners LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter valued at $62,000. Finally, Beacon Capital Management Inc. acquired a new position in shares of Invesco S&P 500 Revenue ETF during the second quarter worth $103,000.

Invesco S&P 500 Revenue ETF Stock Up 0.1%

Shares of Invesco S&P 500 Revenue ETF stock opened at $117.94 on Friday. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a twelve month low of $86.97 and a twelve month high of $118.90. The company’s fifty day moving average is $115.84 and its 200 day moving average is $111.25.

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.