Jones Financial Companies Lllp Grows Position in Invesco S&P 500 Revenue ETF $RWL

Jones Financial Companies Lllp raised its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 26.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 637,602 shares of the company’s stock after acquiring an additional 132,602 shares during the quarter. Jones Financial Companies Lllp owned 1.04% of Invesco S&P 500 Revenue ETF worth $70,315,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. JNBA Financial Advisors purchased a new stake in Invesco S&P 500 Revenue ETF during the second quarter worth about $27,000. Mark Sheptoff Financial Planning LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 40.9% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 341 shares of the company’s stock valued at $36,000 after acquiring an additional 99 shares during the period. Thompson Investment Management Inc. purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the 2nd quarter worth approximately $52,000. Root Financial Partners LLC purchased a new position in Invesco S&P 500 Revenue ETF in the 3rd quarter valued at approximately $62,000. Finally, Beacon Capital Management Inc. purchased a new position in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at approximately $103,000.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $118.86 on Tuesday. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $118.94. The business’s fifty day moving average is $115.98 and its two-hundred day moving average is $111.40.

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.