Everest Financial Group LLC Grows Holdings in Invesco S&P 500 Revenue ETF $RWL

Everest Financial Group LLC lifted its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 249,841 shares of the company’s stock after buying an additional 10,880 shares during the quarter. Invesco S&P 500 Revenue ETF makes up about 4.7% of Everest Financial Group LLC’s investment portfolio, making the stock its 4th largest position. Everest Financial Group LLC owned about 0.35% of Invesco S&P 500 Revenue ETF worth $28,709,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Axxcess Wealth Management LLC grew its stake in Invesco S&P 500 Revenue ETF by 1,242.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock valued at $153,290,000 after acquiring an additional 1,239,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco S&P 500 Revenue ETF by 468.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,441,023 shares of the company’s stock worth $164,997,000 after purchasing an additional 1,187,743 shares in the last quarter. Invesco Ltd. lifted its stake in 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 purchasing an additional 999,935 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 16.8% during the 4th quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock valued at $672,218,000 after purchasing an additional 843,089 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Invesco S&P 500 Revenue ETF by 71.6% during the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock valued at $194,277,000 after purchasing an additional 705,554 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.8%

Shares of RWL stock opened at $130.20 on Friday. Invesco S&P 500 Revenue ETF has a 12-month low of $101.80 and a 12-month high of $131.56. The stock’s 50-day moving average price is $128.13 and its 200-day moving average price is $122.25. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85.

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.