LWM Advisory Services LLC acquired a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 11,983 shares of the company’s stock, valued at approximately $1,326,000. Invesco S&P 500 Revenue ETF comprises about 0.8% of LWM Advisory Services LLC’s investment portfolio, making the stock its 25th largest holding.
A number of other hedge funds and other institutional investors have also modified their holdings of RWL. Tortoise Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth $39,000. Root Financial Partners LLC purchased a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at $62,000. Beacon Capital Management Inc. purchased a new position in Invesco S&P 500 Revenue ETF in the second quarter valued at $103,000. Grey Fox Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the third quarter valued at $115,000. Finally, US Bancorp DE raised its stake in Invesco S&P 500 Revenue ETF by 125.0% in the third quarter. US Bancorp DE now owns 1,125 shares of the company’s stock valued at $124,000 after buying an additional 625 shares in the last quarter.
Invesco S&P 500 Revenue ETF Price Performance
Shares of NYSEARCA RWL opened at $117.05 on Wednesday. The business has a 50-day moving average of $118.83 and a two-hundred day moving average of $114.44. The company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a 1 year low of $86.97 and a 1 year high of $121.76.
Invesco S&P 500 Revenue ETF Company 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.
Further Reading
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