Brookstone Capital Management Has $14.60 Million Stake in Invesco S&P 500 Revenue ETF $RWL

Brookstone Capital Management lifted its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 26.7% during the 3rd quarter, Holdings Channel reports. The firm owned 131,974 shares of the company’s stock after purchasing an additional 27,818 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 500 Revenue ETF were worth $14,604,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of RWL. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Revenue ETF by 4.2% in the 2nd quarter. Invesco Ltd. now owns 8,176,399 shares of the company’s stock valued at $852,717,000 after buying an additional 330,726 shares during the period. Allworth Financial LP grew its holdings in Invesco S&P 500 Revenue ETF by 1.8% during the second quarter. Allworth Financial LP now owns 2,251,612 shares of the company’s stock worth $234,821,000 after buying an additional 40,231 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Revenue ETF by 0.9% in the second quarter. Bank of America Corp DE now owns 2,011,138 shares of the company’s stock valued at $209,742,000 after purchasing an additional 18,686 shares during the last quarter. Fusion Family Wealth LLC increased its stake in Invesco S&P 500 Revenue ETF by 0.6% in the 2nd quarter. Fusion Family Wealth LLC now owns 1,579,615 shares of the company’s stock valued at $164,738,000 after buying an additional 9,042 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Invesco S&P 500 Revenue ETF by 50.3% during the second quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock worth $129,793,000 after acquiring an additional 416,582 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA:RWL opened at $115.40 on Friday. The company has a market capitalization of $7.10 billion, a P/E ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a fifty-two week low of $86.97 and a fifty-two week high of $116.35. The company’s 50-day moving average is $113.04 and its 200 day moving average is $108.73.

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.