Invesco S&P 500 Revenue ETF $RWL Shares Newly Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 839,911 shares of the company’s stock, valued at approximately $108,080,000. Commonwealth Equity Services LLC owned about 1.10% of Invesco S&P 500 Revenue ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $7,030,000. Caldwell Trust Co purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter valued at about $32,000. Integrity Alliance LLC. purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at $520,000. Landaas & Co. WI ADV purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at $1,891,000. Finally, Optima Capital LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 3.7% in the third quarter. Optima Capital LLC now owns 47,673 shares of the company’s stock valued at $6,135,000 after purchasing an additional 1,714 shares during the period.

Invesco S&P 500 Revenue ETF Trading Down 0.5%

RWL opened at $133.50 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $109.26 and a twelve month high of $138.86. The firm has a market cap of $10.27 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. The company has a fifty day simple moving average of $133.08 and a 200 day simple moving average of $126.57.

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.