4,412 Shares of Invesco S&P 500 Revenue ETF $RWL Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the third quarter, HoldingsChannel reports. The fund acquired 4,412 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Invesco S&P 500 Revenue ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock worth $252,220,000 after acquiring an additional 5,552 shares during the last quarter. Bank of New York Mellon Corp raised its position in Invesco S&P 500 Revenue ETF by 71.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after purchasing an additional 705,554 shares during the last quarter. Fusion Family Wealth LLC raised its position in Invesco S&P 500 Revenue ETF by 3.0% in the 1st quarter. Fusion Family Wealth LLC now owns 1,677,074 shares of the company’s stock worth $192,713,000 after purchasing an additional 48,750 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Invesco S&P 500 Revenue ETF by 25.5% during the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock worth $125,383,000 after buying an additional 221,983 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in Invesco S&P 500 Revenue ETF by 9.3% during the 1st quarter. Kestra Advisory Services LLC now owns 468,418 shares of the company’s stock worth $53,826,000 after buying an additional 39,736 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of RWL opened at $134.42 on Wednesday. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The business’s fifty day moving average price is $132.95 and its two-hundred day moving average price is $125.88. Invesco S&P 500 Revenue ETF has a 52 week low of $109.26 and a 52 week high of $135.88.

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.