Fortis Group Advisors LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,691 shares of the company’s stock, valued at approximately $1,083,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $251,111,000. Osaic Holdings Inc. increased its stake 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 worth $129,793,000 after buying an additional 416,582 shares during the period. Cerity Partners LLC bought a new stake in Invesco S&P 500 Revenue ETF during the 2nd quarter valued at about $39,859,000. Invesco Ltd. lifted its holdings in Invesco S&P 500 Revenue ETF by 4.2% during the 2nd 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 in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at about $27,991,000.
Invesco S&P 500 Revenue ETF Stock Performance
Shares of NYSEARCA:RWL opened at $120.25 on Wednesday. The firm’s 50 day simple moving average is $117.34 and its 200-day simple moving average is $112.61. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $121.76. The firm has a market cap of $7.87 billion, a PE ratio of 18.14 and a beta of 0.92.
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.
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