RFG Bristol Wealth Advisors LLC Cuts Position in Invesco S&P 500 Revenue ETF $RWL

RFG Bristol Wealth Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 80.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,244 shares of the company’s stock after selling 100,925 shares during the quarter. RFG Bristol Wealth Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $2,683,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Invesco S&P 500 Revenue ETF by 1.5% during the 3rd quarter. Geneos Wealth Management Inc. now owns 67,561 shares of the company’s stock worth $7,476,000 after purchasing an additional 1,022 shares during the period. Global Retirement Partners LLC increased its holdings in Invesco S&P 500 Revenue ETF by 6.3% during the third quarter. Global Retirement Partners LLC now owns 285,297 shares of the company’s stock worth $31,571,000 after buying an additional 16,899 shares during the last quarter. Investment Planning Advisors Inc. raised its position in Invesco S&P 500 Revenue ETF by 567.5% in the third quarter. Investment Planning Advisors Inc. now owns 161,774 shares of the company’s stock worth $17,902,000 after acquiring an additional 137,540 shares during the period. E&G Advisors LP boosted its stake in Invesco S&P 500 Revenue ETF by 13.5% in the third quarter. E&G Advisors LP now owns 17,878 shares of the company’s stock valued at $1,978,000 after acquiring an additional 2,120 shares during the last quarter. Finally, Merit Financial Group LLC grew its position in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 3rd quarter. Merit Financial Group LLC now owns 168,090 shares of the company’s stock valued at $18,601,000 after acquiring an additional 4,969 shares during the period.

Invesco S&P 500 Revenue ETF Stock Up 1.1%

Shares of RWL stock opened at $116.60 on Tuesday. The firm has a market cap of $7.40 billion, a P/E ratio of 18.14 and a beta of 0.92. The company has a 50 day moving average of $113.52 and a 200-day moving average of $109.48. Invesco S&P 500 Revenue ETF has a 12-month low of $86.97 and a 12-month high of $116.94.

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.