Sonoma Allocations LLC Acquires New Position in Invesco S&P 500 Revenue ETF $RWL

Sonoma Allocations LLC bought a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 93,749 shares of the company’s stock, valued at approximately $10,288,000. Invesco S&P 500 Revenue ETF comprises approximately 3.8% of Sonoma Allocations LLC’s portfolio, making the stock its 9th largest position. Sonoma Allocations LLC owned about 0.15% of Invesco S&P 500 Revenue ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. JNBA Financial Advisors bought a new stake in Invesco S&P 500 Revenue ETF in the second quarter valued at $27,000. Mark Sheptoff Financial Planning LLC lifted its position in Invesco S&P 500 Revenue ETF by 40.9% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 341 shares of the company’s stock valued at $36,000 after purchasing an additional 99 shares during the last quarter. Thompson Investment Management Inc. acquired a new position in Invesco S&P 500 Revenue ETF during the 2nd quarter valued at about $52,000. Beacon Capital Management Inc. bought a new position in Invesco S&P 500 Revenue ETF in the 2nd quarter worth about $103,000. Finally, Atlas Brown Inc. acquired a new stake in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at approximately $205,000.

Invesco S&P 500 Revenue ETF Trading Up 0.4%

Shares of NYSEARCA RWL opened at $118.06 on Friday. Invesco S&P 500 Revenue ETF has a 12-month low of $86.97 and a 12-month high of $118.19. The company has a market cap of $7.52 billion, a PE ratio of 18.14 and a beta of 0.92. The stock has a 50 day simple moving average of $113.94 and a 200-day simple moving average of $109.80.

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. 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.