NewEdge Advisors LLC Purchases 91,854 Shares of Invesco S&P 500 Revenue ETF $RWL

NewEdge Advisors LLC lifted its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 253.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,084 shares of the company’s stock after purchasing an additional 91,854 shares during the quarter. NewEdge Advisors LLC owned approximately 0.18% of Invesco S&P 500 Revenue ETF worth $14,718,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Truist Financial Corp boosted its stake in Invesco S&P 500 Revenue ETF by 58.5% during the fourth quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock worth $5,307,000 after buying an additional 17,113 shares in the last quarter. AE Wealth Management LLC raised its stake in shares of Invesco S&P 500 Revenue ETF by 10.7% in the 4th quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock valued at $5,012,000 after buying an additional 4,215 shares in the last quarter. Denver Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Revenue ETF by 3.5% in the 4th quarter. Denver Wealth Management Inc. now owns 159,604 shares of the company’s stock valued at $18,275,000 after buying an additional 5,427 shares in the last quarter. Atlas Legacy Advisors LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 13.8% during the 4th quarter. Atlas Legacy Advisors LLC now owns 182,893 shares of the company’s stock worth $20,941,000 after acquiring an additional 22,197 shares during the period. Finally, Fusion Family Wealth LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 4th quarter. Fusion Family Wealth LLC now owns 1,628,324 shares of the company’s stock worth $186,443,000 after acquiring an additional 46,696 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $134.12 on Friday. The firm has a market cap of $9.86 billion, a P/E ratio of 18.14 and a beta of 0.85. The firm’s 50-day simple moving average is $129.45 and its 200-day simple moving average is $123.29. Invesco S&P 500 Revenue ETF has a twelve month low of $103.88 and a twelve month high of $134.78.

Invesco S&P 500 Revenue ETF Company Profile

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.