Invesco S&P 500 Revenue ETF $RWL Shares Purchased by Meridian Financial Advisors LLC

Meridian Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 36.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 23,803 shares of the company’s stock after purchasing an additional 6,364 shares during the period. Invesco S&P 500 Revenue ETF makes up approximately 1.5% of Meridian Financial Advisors LLC’s investment portfolio, making the stock its 16th largest position. Meridian Financial Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $2,735,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of RWL. GoalVest Advisory LLC raised its position in Invesco S&P 500 Revenue ETF by 355.1% in the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF in the 4th quarter valued at $26,000. SWAN Capital LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth about $30,000. Aptus Capital Advisors LLC grew its stake 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 buying an additional 259 shares during the last quarter. Finally, Tortoise Investment Management LLC acquired a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at $39,000.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA:RWL opened at $127.82 on Friday. Invesco S&P 500 Revenue ETF has a one year low of $101.80 and a one year high of $130.00. The stock has a market capitalization of $9.05 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The company has a 50-day simple moving average of $125.46 and a 200-day simple moving average of $120.18.

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.