Invesco S&P 500 Revenue ETF $RWL Shares Bought by Retirement Planning Group LLC NY

Retirement Planning Group LLC NY raised its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 14.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 70,323 shares of the company’s stock after acquiring an additional 9,139 shares during the period. Invesco S&P 500 Revenue ETF makes up 5.5% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its 3rd largest holding. Retirement Planning Group LLC NY owned 0.11% of Invesco S&P 500 Revenue ETF worth $8,052,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock worth $1,015,453,000 after acquiring an additional 999,935 shares during the period. Allworth Financial LP lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 1.5% in the 3rd quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock valued at $252,815,000 after buying an additional 32,997 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at approximately $251,111,000. Bank of America Corp DE lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 9.1% in the 3rd quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock valued at $242,738,000 after buying an additional 182,412 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 11.4% in the 3rd quarter. Raymond James Financial Inc. now owns 756,020 shares of the company’s stock valued at $83,661,000 after buying an additional 77,617 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

RWL opened at $123.52 on Friday. The business has a 50 day simple moving average of $118.38 and a 200-day simple moving average of $116.24. The stock has a market capitalization of $8.75 billion, a P/E ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 12 month low of $97.46 and a 12 month high of $124.41.

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.