Huntleigh Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 4,272 shares of the company’s stock, valued at approximately $473,000.
Several other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter worth about $1,452,000. Fifth Third Securities Inc. raised its stake in shares of Invesco S&P 500 Revenue ETF by 62.0% during the third quarter. Fifth Third Securities Inc. now owns 15,018 shares of the company’s stock valued at $1,662,000 after acquiring an additional 5,749 shares in the last quarter. Asset Allocation Strategies LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 112.9% in the third quarter. Asset Allocation Strategies LLC now owns 138,933 shares of the company’s stock valued at $15,374,000 after purchasing an additional 73,684 shares during the period. Brookstone Capital Management boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 26.7% in the third quarter. Brookstone Capital Management now owns 131,974 shares of the company’s stock valued at $14,604,000 after purchasing an additional 27,818 shares during the period. Finally, Avestar Capital LLC grew its stake in Invesco S&P 500 Revenue ETF by 18.2% in the second quarter. Avestar Capital LLC now owns 52,494 shares of the company’s stock worth $5,475,000 after purchasing an additional 8,092 shares in the last quarter.
Invesco S&P 500 Revenue ETF Stock Up 1.2%
RWL opened at $117.92 on Thursday. The stock’s fifty day moving average is $114.86 and its two-hundred day moving average is $110.60. The company has a market capitalization of $7.60 billion, a P/E ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a 52 week low of $86.97 and a 52 week high of $118.90.
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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