5,350 Shares in Invesco S&P 500 Revenue ETF $RWL Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 5,350 shares of the company’s stock, valued at approximately $688,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CX Institutional lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 108.1% in the third quarter. CX Institutional now owns 189,765 shares of the company’s stock worth $24,419,000 after buying an additional 98,567 shares in the last quarter. Scarborough Advisors LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 9.6% during the first quarter. Scarborough Advisors LLC now owns 264,701 shares of the company’s stock worth $30,417,000 after acquiring an additional 23,252 shares during the last quarter. TOP Private Wealth LLC. bought a new position in shares of Invesco S&P 500 Revenue ETF during the second quarter worth $1,712,000. Aspire Capital Advisors LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 3.2% during the second quarter. Aspire Capital Advisors LLC now owns 149,668 shares of the company’s stock worth $19,122,000 after acquiring an additional 4,590 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Invesco S&P 500 Revenue ETF by 0.3% during the first quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock valued at $252,220,000 after acquiring an additional 5,552 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $135.27 on Tuesday. The stock has a market capitalization of $10.35 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The company has a fifty day moving average of $133.02 and a 200 day moving average of $126.22. Invesco S&P 500 Revenue ETF has a fifty-two week low of $109.26 and a fifty-two week high of $136.00.

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.