Financial Advocates Investment Management Acquires 4,344 Shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Financial Advocates Investment Management lifted its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 18.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,789 shares of the company’s stock after purchasing an additional 4,344 shares during the period. Financial Advocates Investment Management’s holdings in Invesco S&P 500 Revenue ETF were worth $2,721,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Creekmur Asset Management LLC purchased a new position in Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $29,000. Abound Wealth Management purchased a new stake in Invesco S&P 500 Revenue ETF during the 4th quarter valued at approximately $37,000. GoalVest Advisory LLC purchased a new stake in Invesco S&P 500 Revenue ETF during the 3rd quarter valued at approximately $65,000. Glass Jacobson Investment Advisors llc raised its position in shares of Invesco S&P 500 Revenue ETF by 59.4% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,111 shares of the company’s stock valued at $109,000 after buying an additional 414 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 8.1% in the third quarter. Huntington National Bank now owns 1,672 shares of the company’s stock worth $164,000 after buying an additional 125 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $102.61 on Friday. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73. The company has a fifty day moving average of $101.03 and a 200 day moving average of $98.64. Invesco S&P 500 Revenue ETF has a fifty-two week low of $86.57 and a fifty-two week high of $104.39.

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.