Investment Planning Advisors Inc. Grows Stock Holdings in Invesco S&P 500 Revenue ETF $RWL

Investment Planning Advisors Inc. grew its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 567.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 161,774 shares of the company’s stock after acquiring an additional 137,540 shares during the period. Invesco S&P 500 Revenue ETF accounts for 5.6% of Investment Planning Advisors Inc.’s holdings, making the stock its 6th largest position. Investment Planning Advisors Inc. owned about 0.26% of Invesco S&P 500 Revenue ETF worth $17,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Invesco Ltd. increased its stake in shares of Invesco S&P 500 Revenue ETF by 4.2% during the second quarter. Invesco Ltd. now owns 8,176,399 shares of the company’s stock worth $852,717,000 after purchasing an additional 330,726 shares during the period. Allworth Financial LP grew its holdings in Invesco S&P 500 Revenue ETF by 1.8% in the 2nd quarter. Allworth Financial LP now owns 2,251,612 shares of the company’s stock valued at $234,821,000 after buying an additional 40,231 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco S&P 500 Revenue ETF by 0.9% in 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. Fusion Family Wealth LLC increased its position in Invesco S&P 500 Revenue ETF by 0.6% during the 2nd quarter. Fusion Family Wealth LLC now owns 1,579,615 shares of the company’s stock worth $164,738,000 after buying an additional 9,042 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 50.3% during the second quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock worth $129,793,000 after buying an additional 416,582 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $114.50 on Friday. The firm has a 50-day moving average of $113.40 and a 200-day moving average of $109.18. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $116.35. The stock has a market cap of $7.05 billion, a PE ratio of 18.14 and a beta of 0.92.

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.