Commonwealth Financial Services LLC Purchases New Position in Invesco S&P 500 Revenue ETF $RWL

Commonwealth Financial Services LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 151,648 shares of the company’s stock, valued at approximately $19,514,000. Invesco S&P 500 Revenue ETF makes up about 3.5% of Commonwealth Financial Services LLC’s portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RWL. Secure Asset Management LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 6.7% during the third quarter. Secure Asset Management LLC now owns 11,165 shares of the company’s stock valued at $1,437,000 after acquiring an additional 702 shares in the last quarter. Lockerman Financial Group Inc. grew its position in Invesco S&P 500 Revenue ETF by 4.0% during the 3rd quarter. Lockerman Financial Group Inc. now owns 2,909 shares of the company’s stock worth $374,000 after purchasing an additional 111 shares during the period. Prairie Advisory LLC grew its holdings in Invesco S&P 500 Revenue ETF by 157.2% during the third quarter. Prairie Advisory LLC now owns 257,396 shares of the company’s stock worth $33,122,000 after acquiring an additional 157,312 shares during the period. TD Waterhouse Canada Inc. acquired a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at approximately $67,000. Finally, Perryman Financial Advisory Inc. AD acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $1,367,000.

Invesco S&P 500 Revenue ETF Trading Up 0.6%

RWL traded up $0.78 on Tuesday, reaching $134.90. The stock had a trading volume of 125,205 shares, compared to its average volume of 266,302. Invesco S&P 500 Revenue ETF has a 12-month low of $109.26 and a 12-month high of $135.88. The business’s 50-day moving average price is $132.95 and its two-hundred day moving average price is $128.66. The company has a market cap of $10.21 billion, a P/E ratio of 18.14 and a beta of 0.86.

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.