Solano Wealth Investment Advisors LLC Makes New $2.06 Million Investment in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Solano Wealth Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,061 shares of the company’s stock, valued at approximately $2,062,000. Invesco S&P 500 Revenue ETF accounts for about 1.2% of Solano Wealth Investment Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Solano Wealth Investment Advisors LLC owned about 0.06% of Invesco S&P 500 Revenue ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 19.2% in the 3rd quarter. FMR LLC now owns 4,749 shares of the company’s stock valued at $466,000 after buying an additional 764 shares during the period. Jane Street Group LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the third quarter valued at approximately $3,904,000. Orion Portfolio Solutions LLC acquired a new position in Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $339,000. Sanctuary Advisors LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 53.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 30,183 shares of the company’s stock valued at $3,112,000 after purchasing an additional 10,528 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Revenue ETF by 31.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 84,729 shares of the company’s stock valued at $8,309,000 after purchasing an additional 20,321 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Down 2.0 %

Invesco S&P 500 Revenue ETF stock opened at $93.42 on Friday. The stock has a market cap of $4.88 billion, a P/E ratio of 18.99 and a beta of 0.97. The company has a fifty day simple moving average of $99.66 and a 200-day simple moving average of $100.07. Invesco S&P 500 Revenue ETF has a 12-month low of $86.97 and a 12-month high of $104.39.

Invesco S&P 500 Revenue ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.3904 per share. This is a boost from Invesco S&P 500 Revenue ETF’s previous dividend of $0.33. The ex-dividend date was Monday, March 24th.

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.