59,844 Shares in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Purchased by Avestar Capital LLC

Avestar Capital LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 59,844 shares of the company’s stock, valued at approximately $5,860,000.

Several other hedge funds also recently modified their holdings of the business. Creative Planning grew its holdings in Invesco S&P 500 Revenue ETF by 11.0% during the 3rd quarter. Creative Planning now owns 5,587 shares of the company’s stock worth $548,000 after acquiring an additional 552 shares during the period. ERn Financial LLC increased its holdings in Invesco S&P 500 Revenue ETF by 3.0% in the third quarter. ERn Financial LLC now owns 396,549 shares of the company’s stock valued at $38,890,000 after purchasing an additional 11,370 shares during the last quarter. Global Retirement Partners LLC lifted its stake in Invesco S&P 500 Revenue ETF by 7.4% in the third quarter. Global Retirement Partners LLC now owns 122,563 shares of the company’s stock valued at $12,020,000 after buying an additional 8,441 shares during the period. Secure Asset Management LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 23.7% during the third quarter. Secure Asset Management LLC now owns 3,293 shares of the company’s stock worth $323,000 after buying an additional 631 shares during the last quarter. Finally, Kozak & Associates Inc. grew its position in shares of Invesco S&P 500 Revenue ETF by 3.8% during the 3rd quarter. Kozak & Associates Inc. now owns 478,567 shares of the company’s stock worth $47,890,000 after buying an additional 17,524 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL stock opened at $102.30 on Thursday. The stock has a 50-day moving average of $100.91 and a 200-day moving average of $98.90. Invesco S&P 500 Revenue ETF has a one year low of $86.57 and a one year high of $104.39. The stock has a market cap of $3.47 billion, a PE ratio of 18.52 and a beta of 0.73.

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.