Valmark Advisers Inc. Makes New $201,000 Investment in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Valmark Advisers Inc. acquired a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the fourth quarter, Holdings Channel reports. The fund acquired 2,056 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds also recently added to or reduced their stakes in the company. Creative Planning increased its stake in Invesco S&P 500 Revenue ETF by 11.0% in the 3rd quarter. Creative Planning now owns 5,587 shares of the company’s stock valued at $548,000 after purchasing an additional 552 shares in the last quarter. Raymond James & Associates increased its stake in Invesco S&P 500 Revenue ETF by 3.6% in the 3rd quarter. Raymond James & Associates now owns 61,569 shares of the company’s stock valued at $6,038,000 after purchasing an additional 2,130 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Invesco S&P 500 Revenue ETF by 9.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 331,766 shares of the company’s stock valued at $32,536,000 after purchasing an additional 28,886 shares in the last quarter. Private Advisor Group LLC grew its stake in Invesco S&P 500 Revenue ETF by 9.8% in the 3rd quarter. Private Advisor Group LLC now owns 101,412 shares of the company’s stock valued at $9,946,000 after acquiring an additional 9,074 shares during the last quarter. Finally, Allworth Financial LP grew its stake in Invesco S&P 500 Revenue ETF by 1.7% in the 3rd quarter. Allworth Financial LP now owns 2,396,779 shares of the company’s stock valued at $235,052,000 after acquiring an additional 40,290 shares during the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL opened at $103.91 on Wednesday. Invesco S&P 500 Revenue ETF has a 1-year low of $87.97 and a 1-year high of $104.39. The firm has a 50 day simple moving average of $100.91 and a 200-day simple moving average of $99.12. The stock has a market cap of $3.53 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73.

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.