Commonwealth Equity Services LLC Boosts Stock Position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Commonwealth Equity Services LLC lifted its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 12.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 286,165 shares of the company’s stock after buying an additional 32,106 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $24,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in RWL. Fisher Asset Management LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter worth approximately $211,000. Kestra Private Wealth Services LLC increased its holdings in Invesco S&P 500 Revenue ETF by 3.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 3,813 shares of the company’s stock worth $325,000 after buying an additional 140 shares in the last quarter. Absolute Capital Management LLC raised its position in Invesco S&P 500 Revenue ETF by 38.9% in the 4th quarter. Absolute Capital Management LLC now owns 109,998 shares of the company’s stock worth $9,387,000 after buying an additional 30,781 shares during the last quarter. Kovack Advisors Inc. bought a new position in Invesco S&P 500 Revenue ETF during the 4th quarter valued at about $1,618,000. Finally, Western Wealth Management LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 2.5% in the fourth quarter. Western Wealth Management LLC now owns 60,033 shares of the company’s stock worth $5,123,000 after purchasing an additional 1,483 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.6 %

Shares of RWL opened at $90.56 on Monday. The firm has a fifty day simple moving average of $91.19 and a two-hundred day simple moving average of $86.10. The firm has a market cap of $2.96 billion, a PE ratio of 18.08 and a beta of 0.76. Invesco S&P 500 Revenue ETF has a 1-year low of $74.08 and a 1-year high of $93.98.

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.