Scarborough Advisors LLC Has $30.42 Million Position in Invesco S&P 500 Revenue ETF $RWL

Scarborough Advisors LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,701 shares of the company’s stock after purchasing an additional 23,252 shares during the quarter. Invesco S&P 500 Revenue ETF makes up 3.3% of Scarborough Advisors LLC’s portfolio, making the stock its 5th biggest holding. Scarborough Advisors LLC owned approximately 0.37% of Invesco S&P 500 Revenue ETF worth $30,417,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RWL. Kraft Davis & Associates LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 6.7% during the fourth quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock valued at $11,640,000 after buying an additional 6,235 shares during the last quarter. Truist Financial Corp boosted its position in shares of Invesco S&P 500 Revenue ETF by 58.5% during the fourth quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock worth $5,307,000 after acquiring an additional 17,113 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Invesco S&P 500 Revenue ETF by 9.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 138,880 shares of the company’s stock worth $15,902,000 after acquiring an additional 12,488 shares during the last quarter. AE Wealth Management LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 10.7% during the fourth quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock worth $5,012,000 after acquiring an additional 4,215 shares during the last quarter. Finally, Kozak & Associates Inc. grew its stake in Invesco S&P 500 Revenue ETF by 0.8% during the fourth quarter. Kozak & Associates Inc. now owns 575,024 shares of the company’s stock valued at $67,887,000 after acquiring an additional 4,391 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA RWL opened at $130.33 on Monday. The company has a market cap of $9.51 billion, a P/E ratio of 18.14 and a beta of 0.85. The firm’s fifty day moving average is $127.61 and its two-hundred day moving average is $121.77. Invesco S&P 500 Revenue ETF has a 52-week low of $101.80 and a 52-week high of $131.56.

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.