Bank of New York Mellon Corp Buys 705,554 Shares of Invesco S&P 500 Revenue ETF $RWL

Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 71.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,690,687 shares of the company’s stock after buying an additional 705,554 shares during the period. Bank of New York Mellon Corp owned approximately 2.39% of Invesco S&P 500 Revenue ETF worth $194,277,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. GoalVest Advisory LLC boosted its stake in Invesco S&P 500 Revenue ETF by 355.1% in the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $26,000. SWAN Capital LLC bought a new position in Invesco S&P 500 Revenue ETF during the fourth quarter worth about $30,000. Aptus Capital Advisors LLC increased its position in Invesco S&P 500 Revenue ETF by 359.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after acquiring an additional 259 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in Invesco S&P 500 Revenue ETF by 17.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after acquiring an additional 115 shares during the period.

Invesco S&P 500 Revenue ETF Stock Down 0.5%

Shares of Invesco S&P 500 Revenue ETF stock opened at $130.33 on Friday. The company has a 50-day simple moving average of $127.61 and a two-hundred day simple moving average of $121.72. Invesco S&P 500 Revenue ETF has a twelve month low of $101.80 and a twelve month high of $131.56. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85.

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.