BNP Paribas Financial Markets Invests $8.59 Million in Invesco S&P 500 Revenue ETF $RWL

BNP Paribas Financial Markets bought a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 75,000 shares of the company’s stock, valued at approximately $8,588,000. BNP Paribas Financial Markets owned 0.11% of Invesco S&P 500 Revenue ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. KMG Fiduciary Partners LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 1.0% in the fourth quarter. KMG Fiduciary Partners LLC now owns 9,101 shares of the company’s stock worth $1,042,000 after buying an additional 90 shares during the period. Stephens Inc. AR boosted its position in shares of Invesco S&P 500 Revenue ETF by 4.4% in the fourth quarter. Stephens Inc. AR now owns 2,232 shares of the company’s stock worth $256,000 after buying an additional 94 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 1.0% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 10,775 shares of the company’s stock worth $1,234,000 after buying an additional 103 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after buying an additional 115 shares during the period. Finally, Savant Capital LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 3.0% in the fourth quarter. Savant Capital LLC now owns 4,315 shares of the company’s stock worth $494,000 after buying an additional 124 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of NYSEARCA RWL opened at $127.24 on Tuesday. Invesco S&P 500 Revenue ETF has a 1-year low of $101.18 and a 1-year high of $128.42. The business has a 50-day moving average of $122.39 and a 200-day moving average of $118.77. The company has a market capitalization of $9.01 billion, a price-to-earnings 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.