Partners Wealth Management LLC Makes New Investment in Invesco S&P 500 Revenue ETF $RWL

Partners Wealth Management LLC acquired a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,871 shares of the company’s stock, valued at approximately $3,458,000.

Several other large investors also recently bought and sold shares of the stock. Autumn Glory Partners LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 12.8% during the third quarter. Autumn Glory Partners LLC now owns 44,046 shares of the company’s stock worth $5,668,000 after purchasing an additional 5,009 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $13,984,000. Total Clarity Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 2.1% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 46,460 shares of the company’s stock valued at $5,979,000 after purchasing an additional 937 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $277,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $747,000.

Invesco S&P 500 Revenue ETF Stock Up 0.6%

NYSEARCA:RWL opened at $135.30 on Friday. The stock’s 50 day moving average price is $132.96 and its 200 day moving average price is $126.05. The company has a market capitalization of $10.35 billion, a PE ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 52-week low of $109.26 and a 52-week high of $135.88.

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.