Wealth Alliance Makes New Investment in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Wealth Alliance acquired a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,500 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RWL. Raymond James & Associates boosted its stake in shares of Invesco S&P 500 Revenue ETF by 23.1% in the 1st quarter. Raymond James & Associates now owns 27,605 shares of the company’s stock worth $2,227,000 after buying an additional 5,172 shares during the last quarter. Equitable Holdings Inc. boosted its stake in shares of Invesco S&P 500 Revenue ETF by 30.9% in the 1st quarter. Equitable Holdings Inc. now owns 54,039 shares of the company’s stock worth $4,359,000 after buying an additional 12,748 shares during the last quarter. Ameritas Investment Partners Inc. boosted its stake in shares of Invesco S&P 500 Revenue ETF by 42.5% in the 1st quarter. Ameritas Investment Partners Inc. now owns 855 shares of the company’s stock worth $68,000 after buying an additional 255 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new position in shares of Invesco S&P 500 Revenue ETF in the 1st quarter worth approximately $240,000. Finally, IHT Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the 1st quarter worth approximately $655,000.

Invesco S&P 500 Revenue ETF Stock Up 0.5 %

Shares of NYSEARCA RWL opened at $89.99 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $74.08 and a twelve month high of $93.98. The stock’s 50 day moving average price is $90.77 and its 200-day moving average price is $85.11. The company has a market capitalization of $2.90 billion, a PE ratio of 18.20 and a beta of 0.78.

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.