Brookstone Capital Management Cuts Position in Invesco S&P 500 Revenue ETF $RWL

Brookstone Capital Management lessened its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 48.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,699 shares of the company’s stock after selling 55,252 shares during the quarter. Brookstone Capital Management owned 0.08% of Invesco S&P 500 Revenue ETF worth $6,745,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Kraft Davis & Associates LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 6.7% during the 4th quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock valued at $11,640,000 after purchasing an additional 6,235 shares during the last quarter. Truist Financial Corp boosted its stake in Invesco S&P 500 Revenue ETF by 58.5% in the fourth quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock worth $5,307,000 after buying an additional 17,113 shares in the last quarter. AE Wealth Management LLC boosted its stake in Invesco S&P 500 Revenue ETF by 10.7% in the fourth quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock worth $5,012,000 after buying an additional 4,215 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in Invesco S&P 500 Revenue ETF by 9.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 138,880 shares of the company’s stock valued at $15,902,000 after acquiring an additional 12,488 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in Invesco S&P 500 Revenue ETF during the fourth quarter valued at approximately $2,806,000.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $127.09 on Wednesday. Invesco S&P 500 Revenue ETF has a 52-week low of $101.80 and a 52-week high of $130.00. The company has a fifty day moving average of $124.99 and a 200-day moving average of $119.94. The stock has a market capitalization of $9.00 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86.

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.