NewEdge Advisors LLC Grows Stock Position in Invesco S&P 500 Revenue ETF $RWL

NewEdge Advisors LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 211.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 112,802 shares of the company’s stock after purchasing an additional 76,572 shares during the quarter. NewEdge Advisors LLC owned approximately 0.16% of Invesco S&P 500 Revenue ETF worth $12,962,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in RWL. Capital Investment Advisory Services LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth approximately $26,000. SWAN Capital LLC acquired a new position in Invesco S&P 500 Revenue ETF during the 4th quarter worth approximately $30,000. Aptus Capital Advisors LLC grew its holdings in Invesco S&P 500 Revenue ETF by 359.7% during the 4th quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after acquiring an additional 259 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Invesco S&P 500 Revenue ETF by 17.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after purchasing an additional 115 shares during the last quarter. Finally, Avion Wealth purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the 4th quarter valued at approximately $88,000.

Invesco S&P 500 Revenue ETF Trading Down 1.1%

Invesco S&P 500 Revenue ETF stock opened at $131.04 on Thursday. The stock has a market cap of $9.59 billion, a P/E ratio of 18.14 and a beta of 0.85. The company has a fifty day simple moving average of $128.52 and a 200-day simple moving average of $122.59. Invesco S&P 500 Revenue ETF has a 12-month low of $101.80 and a 12-month high of $132.56.

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. 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.