Petix & Botte Co Grows Position in Invesco S&P 500 Revenue ETF $RWL

Petix & Botte Co boosted its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 11.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,976 shares of the company’s stock after buying an additional 10,808 shares during the period. Invesco S&P 500 Revenue ETF accounts for approximately 2.6% of Petix & Botte Co’s portfolio, making the stock its 13th biggest holding. Petix & Botte Co owned about 0.15% of Invesco S&P 500 Revenue ETF worth $11,833,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC grew its position in shares of 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 worth $153,290,000 after acquiring an additional 1,239,026 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $164,997,000 after purchasing an additional 1,187,743 shares during the last quarter. Invesco Ltd. boosted its stake in Invesco S&P 500 Revenue ETF by 12.2% during 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 during the period. LPL Financial LLC boosted its stake in 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 worth $672,218,000 after purchasing an additional 843,089 shares during the period. Finally, Wellington Management Group LLP purchased a new position in Invesco S&P 500 Revenue ETF during the 3rd quarter worth $54,706,000.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA RWL traded up $0.52 during trading on Friday, reaching $130.28. The company’s stock had a trading volume of 385,269 shares, compared to its average volume of 267,163. The firm has a market cap of $9.40 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a twelve month low of $101.80 and a twelve month high of $130.83. The business’s fifty day moving average price is $126.95 and its 200-day moving average price is $121.19.

Invesco S&P 500 Revenue ETF 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.