Signal Advisors Wealth LLC Purchases New Shares in Invesco S&P 500 Revenue ETF $RWL

Signal Advisors Wealth LLC acquired a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,377 shares of the company’s stock, valued at approximately $503,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. AdvisorNet Financial Inc boosted its stake in shares of Invesco S&P 500 Revenue ETF by 0.6% during the 1st quarter. AdvisorNet Financial Inc now owns 42,232 shares of the company’s stock valued at $4,853,000 after purchasing an additional 269 shares in the last quarter. Stewardship Advisors LLC raised its stake in Invesco S&P 500 Revenue ETF by 2.0% in the first quarter. Stewardship Advisors LLC now owns 318,852 shares of the company’s stock worth $36,639,000 after buying an additional 6,305 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Invesco S&P 500 Revenue ETF by 1.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,615 shares of the company’s stock worth $5,108,000 after buying an additional 574 shares during the period. OakTrust Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter worth about $220,000. Finally, Sonoma Allocations LLC boosted its position in Invesco S&P 500 Revenue ETF by 9.6% during the 4th quarter. Sonoma Allocations LLC now owns 102,737 shares of the company’s stock valued at $12,179,000 after acquiring an additional 8,988 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL stock opened at $127.36 on Thursday. Invesco S&P 500 Revenue ETF has a fifty-two week low of $101.80 and a fifty-two week high of $130.00. The business’s 50 day moving average price is $125.15 and its two-hundred day moving average price is $120.03. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86.

Invesco S&P 500 Revenue ETF 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.