Marks Group Wealth Management Inc Takes $247,000 Position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Marks Group Wealth Management Inc bought a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, Holdings Channel.com reports. The firm bought 2,520 shares of the company’s stock, valued at approximately $247,000.

A number of other institutional investors have also added to or reduced their stakes in RWL. Ameritas Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 9.6% in the 3rd quarter. Ameritas Advisory Services LLC now owns 50,250 shares of the company’s stock worth $4,928,000 after purchasing an additional 4,397 shares in the last quarter. Financial Advocates Investment Management boosted its stake in Invesco S&P 500 Revenue ETF by 11.5% in the third quarter. Financial Advocates Investment Management now owns 23,445 shares of the company’s stock worth $2,299,000 after buying an additional 2,424 shares in the last quarter. Creekmur Asset Management LLC bought a new position in Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $29,000. MONECO Advisors LLC raised its stake in shares of Invesco S&P 500 Revenue ETF by 1.3% during the third quarter. MONECO Advisors LLC now owns 71,989 shares of the company’s stock worth $7,060,000 after acquiring an additional 953 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 7.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 94,106 shares of the company’s stock worth $9,229,000 after acquiring an additional 6,676 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $101.42 on Thursday. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73. The company has a fifty day moving average of $97.65 and a 200-day moving average of $94.59. Invesco S&P 500 Revenue ETF has a 52-week low of $77.68 and a 52-week high of $101.57.

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.