Sunbelt Securities Inc. Takes Position in Invesco S&P 500 Revenue ETF $RWL

Sunbelt Securities Inc. bought a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,353 shares of the company’s stock, valued at approximately $2,806,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Kestra Private Wealth Services LLC increased its position in Invesco S&P 500 Revenue ETF by 1.5% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 77,538 shares of the company’s stock valued at $8,580,000 after acquiring an additional 1,145 shares during the period. NewEdge Advisors LLC lifted its position in Invesco S&P 500 Revenue ETF by 1.4% during the 3rd quarter. NewEdge Advisors LLC now owns 17,748 shares of the company’s stock worth $1,964,000 after acquiring an additional 240 shares during the period. Qube Research & Technologies Ltd grew its stake in shares of Invesco S&P 500 Revenue ETF by 87.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 15,773 shares of the company’s stock valued at $1,745,000 after purchasing an additional 7,349 shares during the last quarter. Mariner LLC grew its stake in shares of Invesco S&P 500 Revenue ETF by 1.3% in the 3rd quarter. Mariner LLC now owns 200,579 shares of the company’s stock valued at $22,196,000 after purchasing an additional 2,591 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Invesco S&P 500 Revenue ETF by 30.7% in the third quarter. Focus Partners Wealth now owns 38,442 shares of the company’s stock valued at $4,254,000 after purchasing an additional 9,032 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Invesco S&P 500 Revenue ETF stock opened at $117.05 on Wednesday. The business has a 50 day simple moving average of $118.83 and a 200-day simple moving average of $114.44. Invesco S&P 500 Revenue ETF has a 12 month low of $86.97 and a 12 month high of $121.76. The stock has a market capitalization of $7.66 billion, a PE ratio of 18.14 and a beta of 0.92.

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.