Thoroughbred Financial Services LLC Boosts Holdings in Invesco S&P 500 Revenue ETF $RWL

Thoroughbred Financial Services LLC grew its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 38.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 205,753 shares of the company’s stock after purchasing an additional 57,345 shares during the period. Invesco S&P 500 Revenue ETF accounts for 1.4% of Thoroughbred Financial Services LLC’s holdings, making the stock its 12th largest position. Thoroughbred Financial Services LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $23,558,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Integrity Alliance LLC. purchased a new position in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth approximately $243,000. Prospera Financial Services Inc boosted its position in shares of Invesco S&P 500 Revenue ETF by 10.4% during the 4th quarter. Prospera Financial Services Inc now owns 16,612 shares of the company’s stock worth $1,903,000 after purchasing an additional 1,569 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 0.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 156,019 shares of the company’s stock worth $17,864,000 after purchasing an additional 740 shares during the period. Ignite Planners LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 52.8% during the 4th quarter. Ignite Planners LLC now owns 33,142 shares of the company’s stock worth $3,909,000 after purchasing an additional 11,446 shares during the period. Finally, Axxcess Wealth Management LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 1,242.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock worth $153,290,000 after purchasing an additional 1,239,026 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA:RWL opened at $126.56 on Thursday. The stock has a market capitalization of $8.96 billion, a P/E ratio of 18.14 and a beta of 0.86. The company has a 50 day moving average price of $120.43 and a 200 day moving average price of $117.92. Invesco S&P 500 Revenue ETF has a fifty-two week low of $99.65 and a fifty-two week high of $126.82.

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.