Fortis Group Advisors LLC Acquires 4,559 Shares of Invesco S&P 500 Revenue ETF $RWL

Fortis Group Advisors LLC grew its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 47.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,250 shares of the company’s stock after buying an additional 4,559 shares during the period. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $1,681,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of RWL. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the 1st quarter valued at $683,000. Qube Research & Technologies Ltd boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 36.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 8,424 shares of the company’s stock valued at $879,000 after buying an additional 2,267 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 0.9% during the 2nd quarter. Bank of America Corp DE now owns 2,011,138 shares of the company’s stock valued at $209,742,000 after buying an additional 18,686 shares in the last quarter. Great Valley Advisor Group Inc. boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock valued at $1,317,000 after buying an additional 125 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 42.4% during the 2nd quarter. MML Investors Services LLC now owns 181,317 shares of the company’s stock valued at $18,910,000 after buying an additional 53,968 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.5%

Shares of RWL stock opened at $125.21 on Thursday. The stock has a market cap of $8.86 billion, a PE ratio of 18.14 and a beta of 0.86. The company’s fifty day moving average price is $119.49 and its 200-day moving average price is $117.41. Invesco S&P 500 Revenue ETF has a 12 month low of $98.79 and a 12 month high of $125.92.

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.