Florida Financial Advisors LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,934 shares of the company’s stock, valued at approximately $291,000.
A number of other hedge funds have also recently added to or reduced their stakes in RWL. Invesco Ltd. bought a new position in Invesco S&P 500 Revenue ETF during the 4th quarter worth $119,981,000. Bank of New York Mellon Corp bought a new position in shares of Invesco S&P 500 Revenue ETF in the 1st quarter valued at $84,646,000. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Revenue ETF in the 4th quarter valued at $52,704,000. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Revenue ETF by 15.4% in the 4th quarter. LPL Financial LLC now owns 3,997,747 shares of the company’s stock valued at $391,459,000 after purchasing an additional 532,794 shares during the last quarter. Finally, Fusion Family Wealth LLC increased its stake in shares of Invesco S&P 500 Revenue ETF by 7.0% in the 1st quarter. Fusion Family Wealth LLC now owns 1,570,573 shares of the company’s stock valued at $156,021,000 after purchasing an additional 102,901 shares during the last quarter.
Invesco S&P 500 Revenue ETF Stock Performance
Shares of RWL opened at $104.97 on Tuesday. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $105.71. The business’s fifty day moving average is $102.02 and its 200-day moving average is $100.18. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 18.14 and a beta of 0.98.
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.
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