Commonwealth Equity Services LLC Boosts Stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Commonwealth Equity Services LLC increased its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 18.3% in the 4th quarter, Holdings Channel reports. The firm owned 392,645 shares of the company’s stock after buying an additional 60,879 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $38,448,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC raised its stake in Invesco S&P 500 Revenue ETF by 17.0% during the 3rd quarter. LPL Financial LLC now owns 3,464,953 shares of the company’s stock valued at $339,808,000 after acquiring an additional 502,496 shares during the last quarter. Fusion Family Wealth LLC raised its stake in Invesco S&P 500 Revenue ETF by 3.7% during the 4th quarter. Fusion Family Wealth LLC now owns 1,467,672 shares of the company’s stock valued at $143,714,000 after acquiring an additional 51,960 shares during the last quarter. Kozak & Associates Inc. raised its stake in Invesco S&P 500 Revenue ETF by 14.9% during the 4th quarter. Kozak & Associates Inc. now owns 549,917 shares of the company’s stock valued at $54,381,000 after acquiring an additional 71,350 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Revenue ETF during the 4th quarter valued at approximately $52,704,000. Finally, ERn Financial LLC increased its position in Invesco S&P 500 Revenue ETF by 0.6% during the 4th quarter. ERn Financial LLC now owns 398,974 shares of the company’s stock worth $39,067,000 after purchasing an additional 2,425 shares during the period.

Invesco S&P 500 Revenue ETF Trading Up 1.7 %

NYSEARCA RWL opened at $98.52 on Friday. The business’s 50 day moving average is $101.43 and its two-hundred day moving average is $100.00. Invesco S&P 500 Revenue ETF has a 12-month low of $89.14 and a 12-month high of $104.39. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 18.80 and a beta of 0.97.

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.