5,350 Shares in Invesco S&P 500 Revenue ETF $RWL Acquired by Modera Wealth Management LLC

Modera Wealth Management LLC purchased 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 & Exchange Commission. The fund purchased 5,350 shares of the company’s stock, valued at approximately $688,000.

A number of other hedge funds have also modified their holdings of the company. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the third quarter worth $284,703,000. Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Revenue ETF by 71.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock valued at $194,277,000 after purchasing an additional 705,554 shares during the period. Cetera Investment Advisers lifted its stake in shares of Invesco S&P 500 Revenue ETF by 25.5% during the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock valued at $125,383,000 after buying an additional 221,983 shares in the last quarter. Verdence Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter valued at $21,916,000. Finally, Prairie Advisory LLC lifted its stake in shares of Invesco S&P 500 Revenue ETF by 157.2% during the 3rd quarter. Prairie Advisory LLC now owns 257,396 shares of the company’s stock valued at $33,122,000 after buying an additional 157,312 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $135.27 on Tuesday. The company has a market capitalization of $10.35 billion, a P/E ratio of 18.14 and a beta of 0.86. The company has a fifty day moving average of $133.02 and a 200 day moving average of $126.22. Invesco S&P 500 Revenue ETF has a fifty-two week low of $109.26 and a fifty-two week high of $136.00.

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.