Simplicity Wealth LLC Reduces Position in Invesco S&P 500 Revenue ETF $RWL

Simplicity Wealth LLC trimmed its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 58.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,923 shares of the company’s stock after selling 28,188 shares during the period. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $2,205,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RWL. Invesco Ltd. boosted its position 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 valued at $852,717,000 after buying an additional 330,726 shares during the period. Allworth Financial LP lifted its stake in shares of Invesco S&P 500 Revenue ETF by 1.8% during the 2nd quarter. Allworth Financial LP now owns 2,251,612 shares of the company’s stock worth $234,821,000 after acquiring an additional 40,231 shares during the last quarter. Bank of America Corp DE boosted its holdings in Invesco S&P 500 Revenue ETF by 0.9% during 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 acquiring an additional 18,686 shares during the period. Fusion Family Wealth LLC grew its position in Invesco S&P 500 Revenue ETF by 0.6% in the 2nd quarter. Fusion Family Wealth LLC now owns 1,579,615 shares of the company’s stock valued at $164,738,000 after acquiring an additional 9,042 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in Invesco S&P 500 Revenue ETF by 50.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock valued at $129,793,000 after acquiring an additional 416,582 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Up 0.4%

RWL stock opened at $118.36 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $86.97 and a twelve month high of $118.90. The firm has a market cap of $7.63 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. The business’s fifty day simple moving average is $114.98 and its two-hundred day simple moving average is $110.65.

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.