Tanglewood Legacy Advisors LLC Acquires 272,829 Shares of Invesco S&P 500 Revenue ETF $RWL

Tanglewood Legacy Advisors LLC raised its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 66,381.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,240 shares of the company’s stock after buying an additional 272,829 shares during the period. Invesco S&P 500 Revenue ETF accounts for 11.7% of Tanglewood Legacy Advisors LLC’s holdings, making the stock its 3rd largest holding. Tanglewood Legacy Advisors LLC owned approximately 0.42% of Invesco S&P 500 Revenue ETF worth $31,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of RWL. GoalVest Advisory LLC grew its stake in shares of Invesco S&P 500 Revenue ETF by 355.1% during the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after buying an additional 174 shares during the last quarter. Capital Investment Advisory Services LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth $26,000. Tortoise Investment Management LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $39,000. Root Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $62,000. Finally, Avion Wealth bought a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth $88,000.

Invesco S&P 500 Revenue ETF Trading Up 0.5%

Invesco S&P 500 Revenue ETF stock opened at $125.05 on Tuesday. The company has a market capitalization of $8.85 billion, a PE ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 12 month low of $98.79 and a 12 month high of $125.92. The stock has a 50-day moving average price of $119.22 and a two-hundred day moving average price of $117.23.

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.