Integrated Wealth Concepts LLC Sells 8,183 Shares of Invesco S&P 500 Revenue ETF $RWL

Integrated Wealth Concepts LLC cut its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 21.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 29,702 shares of the company’s stock after selling 8,183 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $3,795,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in RWL. Jane Street Group LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the 1st quarter valued at about $683,000. Qube Research & Technologies Ltd boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 36.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,424 shares of the company’s stock worth $879,000 after purchasing an additional 2,267 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of 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 worth $209,742,000 after purchasing an additional 18,686 shares in the last quarter. Great Valley Advisor Group Inc. increased its position in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock valued at $1,317,000 after purchasing an additional 125 shares during the last quarter. Finally, MML Investors Services LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 42.4% during the 2nd quarter. MML Investors Services LLC now owns 181,317 shares of the company’s stock valued at $18,910,000 after purchasing an additional 53,968 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.8%

Shares of NYSEARCA RWL opened at $133.64 on Friday. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 1-year low of $108.43 and a 1-year high of $135.88. The stock’s 50-day moving average is $132.69 and its 200 day moving average is $125.93.

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.