LWM Advisory Services LLC Purchases Shares of 11,983 Invesco S&P 500 Revenue ETF $RWL

LWM Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, Holdings Channel reports. The fund acquired 11,983 shares of the company’s stock, valued at approximately $1,326,000. Invesco S&P 500 Revenue ETF makes up about 0.8% of LWM Advisory Services LLC’s portfolio, making the stock its 25th biggest holding.

Several other large investors have also modified their holdings of the stock. Invesco Ltd. raised its stake in Invesco S&P 500 Revenue ETF by 12.2% during the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock worth $1,015,453,000 after acquiring an additional 999,935 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at $251,111,000. Bank of America Corp DE boosted its stake in Invesco S&P 500 Revenue ETF by 9.1% in the third quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock valued at $242,738,000 after acquiring an additional 182,412 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Invesco S&P 500 Revenue ETF by 50.3% during the second quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock worth $129,793,000 after purchasing an additional 416,582 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Invesco S&P 500 Revenue ETF by 11.4% during the third quarter. Raymond James Financial Inc. now owns 756,020 shares of the company’s stock worth $83,661,000 after purchasing an additional 77,617 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $117.05 on Wednesday. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $121.76. The stock has a market capitalization of $7.66 billion, a P/E ratio of 18.14 and a beta of 0.92. The business’s 50-day simple moving average is $118.83 and its 200-day simple moving average is $114.44.

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.