Invesco S&P 500 Revenue ETF $RWL Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 60.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,976 shares of the company’s stock after acquiring an additional 14,613 shares during the quarter. Janney Montgomery Scott LLC owned 0.05% of Invesco S&P 500 Revenue ETF worth $4,479,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Axxcess Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 1,242.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock valued at $153,290,000 after purchasing an additional 1,239,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew 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 buying an additional 1,187,743 shares during the period. Invesco Ltd. increased its holdings in Invesco S&P 500 Revenue ETF by 12.2% in the third quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after buying an additional 999,935 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 16.8% during the 4th quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock valued at $672,218,000 after acquiring an additional 843,089 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $54,706,000.

Invesco S&P 500 Revenue ETF Price Performance

Shares of NYSEARCA:RWL opened at $129.42 on Monday. Invesco S&P 500 Revenue ETF has a 12 month low of $101.80 and a 12 month high of $130.00. The firm has a market capitalization of $9.34 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. The business’s 50 day simple moving average is $126.18 and its 200-day simple moving average is $120.70.

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.