TOP Private Wealth LLC. Takes $1.71 Million Position in Invesco S&P 500 Revenue ETF $RWL

TOP Private Wealth LLC. purchased a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the second quarter, Holdings Channel reports. The institutional investor purchased 13,398 shares of the company’s stock, valued at approximately $1,712,000. Invesco S&P 500 Revenue ETF comprises 1.6% of TOP Private Wealth LLC.’s investment portfolio, making the stock its 14th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. SWAN Capital LLC acquired a new position in Invesco S&P 500 Revenue ETF during the fourth quarter worth $30,000. Aptus Capital Advisors LLC grew its position in shares of Invesco S&P 500 Revenue ETF by 359.7% in the fourth quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 259 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after purchasing an additional 115 shares during the period. Assetmark Inc. increased its stake in shares of Invesco S&P 500 Revenue ETF by 100.6% during the first quarter. Assetmark Inc. now owns 953 shares of the company’s stock worth $110,000 after purchasing an additional 478 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Invesco S&P 500 Revenue ETF by 125.0% during the third quarter. US Bancorp DE now owns 1,125 shares of the company’s stock worth $124,000 after purchasing an additional 625 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Down 0.6%

RWL opened at $134.88 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $107.88 and a twelve month high of $135.88. The company has a 50-day moving average price of $132.20 and a 200 day moving average price of $125.47. The company has a market cap of $9.92 billion, a PE 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.