Bank of New York Mellon Corp Buys 98,658 Shares of Invesco S&P 500 Revenue ETF $RWL

Bank of New York Mellon Corp grew its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 11.1% in the 4th quarter, HoldingsChannel reports. The fund owned 985,133 shares of the company’s stock after purchasing an additional 98,658 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Revenue ETF were worth $112,798,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Invesco Ltd. boosted its stake in Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after purchasing an additional 999,935 shares during the period. Allworth Financial LP boosted its position in shares of Invesco S&P 500 Revenue ETF by 1.5% in the third quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock valued at $252,815,000 after acquiring an additional 32,997 shares during the period. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Revenue ETF by 9.1% in the third quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock valued at $242,738,000 after acquiring an additional 182,412 shares in the last quarter. Fusion Family Wealth LLC grew its stake in shares of Invesco S&P 500 Revenue ETF by 3.0% in the fourth quarter. Fusion Family Wealth LLC now owns 1,628,324 shares of the company’s stock valued at $186,443,000 after acquiring an additional 46,696 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco S&P 500 Revenue ETF by 468.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,441,023 shares of the company’s stock worth $164,997,000 after acquiring an additional 1,187,743 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $127.03 on Monday. Invesco S&P 500 Revenue ETF has a twelve month low of $101.18 and a twelve month high of $128.42. The company has a 50-day simple moving average of $122.13 and a two-hundred day simple moving average of $118.66. The stock has a market capitalization of $8.99 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.