Brookstone Capital Management Purchases 27,818 Shares of Invesco S&P 500 Revenue ETF $RWL

Brookstone Capital Management grew its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 26.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,974 shares of the company’s stock after buying an additional 27,818 shares during the period. Brookstone Capital Management owned 0.22% of Invesco S&P 500 Revenue ETF worth $14,604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Comerica Bank grew its holdings in Invesco S&P 500 Revenue ETF by 25.3% in the 1st quarter. Comerica Bank now owns 10,056 shares of the company’s stock valued at $999,000 after buying an additional 2,032 shares in the last quarter. Baird Financial Group Inc. increased its stake in Invesco S&P 500 Revenue ETF by 45.5% in the first quarter. Baird Financial Group Inc. now owns 12,302 shares of the company’s stock valued at $1,222,000 after acquiring an additional 3,848 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco S&P 500 Revenue ETF by 5.2% in the 1st quarter. Royal Bank of Canada now owns 143,125 shares of the company’s stock valued at $14,217,000 after purchasing an additional 7,044 shares during the last quarter. Ameriflex Group Inc. raised its stake in Invesco S&P 500 Revenue ETF by 913.3% during the first quarter. Ameriflex Group Inc. now owns 8,785 shares of the company’s stock worth $873,000 after acquiring an additional 7,918 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in Invesco S&P 500 Revenue ETF by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 21,254 shares of the company’s stock worth $2,111,000 after purchasing an additional 4,326 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of RWL opened at $115.40 on Friday. The stock has a market capitalization of $7.10 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a 52 week low of $86.97 and a 52 week high of $116.35. The stock has a fifty day moving average of $113.04 and a 200-day moving average of $108.73.

Invesco S&P 500 Revenue ETF Company 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.