Ameritas Advisory Services LLC Grows Holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Ameritas Advisory Services LLC grew its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 565.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,853 shares of the company’s stock after purchasing an additional 38,961 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.14% of Invesco S&P 500 Revenue ETF worth $4,247,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Glassman Wealth Services bought a new position in Invesco S&P 500 Revenue ETF in the first quarter worth approximately $70,000. Flagstar Advisors Inc. purchased a new position in shares of Invesco S&P 500 Revenue ETF during the first quarter valued at $207,000. Essex Financial Services Inc. bought a new stake in shares of Invesco S&P 500 Revenue ETF in the first quarter valued at about $227,000. Fisher Asset Management LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter worth about $211,000. Finally, Kingsview Wealth Management LLC bought a new position in Invesco S&P 500 Revenue ETF during the 4th quarter worth about $218,000.

Invesco S&P 500 Revenue ETF Price Performance

NYSEARCA RWL traded up $0.16 during trading on Thursday, reaching $96.60. 83,486 shares of the company’s stock traded hands, compared to its average volume of 129,896. The company’s 50 day simple moving average is $93.99 and its two-hundred day simple moving average is $92.22. Invesco S&P 500 Revenue ETF has a 12-month low of $74.60 and a 12-month high of $97.04. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73.

Invesco S&P 500 Revenue ETF 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.