NewEdge Advisors LLC Has $14.72 Million Stake in Invesco S&P 500 Revenue ETF $RWL

NewEdge Advisors LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 253.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,084 shares of the company’s stock after acquiring an additional 91,854 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $14,718,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Axxcess Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 1,242.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock valued at $153,290,000 after purchasing an additional 1,239,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P 500 Revenue ETF by 468.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,441,023 shares of the company’s stock valued at $164,997,000 after purchasing an additional 1,187,743 shares during the last quarter. Invesco Ltd. lifted its holdings in Invesco S&P 500 Revenue ETF by 12.2% during the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after purchasing an additional 999,935 shares during the last quarter. LPL Financial LLC boosted its position in Invesco S&P 500 Revenue ETF by 16.8% in the fourth quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock valued at $672,218,000 after buying an additional 843,089 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Invesco S&P 500 Revenue ETF by 71.6% in the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock valued at $194,277,000 after buying an additional 705,554 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.4%

Shares of Invesco S&P 500 Revenue ETF stock opened at $134.12 on Friday. Invesco S&P 500 Revenue ETF has a 1-year low of $103.88 and a 1-year high of $134.78. The firm’s 50-day moving average price is $129.45 and its two-hundred day moving average price is $123.29. The stock has a market capitalization of $9.86 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85.

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.