Kestra Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 19.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 393,280 shares of the company’s stock after purchasing an additional 64,393 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $50,607,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Vantagepoint Investment Advisers LLC bought a new stake in Invesco S&P 500 Revenue ETF during the 3rd quarter valued at approximately $284,703,000. Commonwealth Equity Services LLC bought a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter worth approximately $108,080,000. Bank of New York Mellon Corp increased its position in Invesco S&P 500 Revenue ETF by 71.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after buying an additional 705,554 shares during the period. Cetera Investment Advisers increased its position in Invesco S&P 500 Revenue ETF by 25.5% in the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock worth $125,383,000 after buying an additional 221,983 shares during the period. Finally, Verdence Capital Advisors LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth approximately $21,916,000.
Invesco S&P 500 Revenue ETF Stock Performance
Shares of RWL traded down $0.63 during mid-day trading on Friday, hitting $133.50. The company’s stock had a trading volume of 458,629 shares, compared to its average volume of 270,154. Invesco S&P 500 Revenue ETF has a one year low of $109.26 and a one year high of $138.86. The firm has a market capitalization of $10.27 billion, a PE ratio of 18.14 and a beta of 0.85. The stock’s 50-day moving average is $133.08 and its two-hundred day moving average is $126.57.
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.
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