Allworth Financial LP Grows Stock Holdings in Invesco S&P 500 Revenue ETF $RWL

Allworth Financial LP grew its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 1.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 2,284,609 shares of the company’s stock after acquiring an additional 32,997 shares during the quarter. Invesco S&P 500 Revenue ETF makes up about 1.1% of Allworth Financial LP’s holdings, making the stock its 16th biggest holding. Allworth Financial LP’s holdings in Invesco S&P 500 Revenue ETF were worth $252,815,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Invesco Ltd. increased its position in shares of 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 valued at $1,015,453,000 after purchasing an additional 999,935 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in Invesco S&P 500 Revenue ETF in the 3rd quarter worth approximately $251,111,000. Bank of America Corp DE boosted its stake in Invesco S&P 500 Revenue ETF by 9.1% in the third quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock worth $242,738,000 after buying an additional 182,412 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Invesco S&P 500 Revenue ETF by 50.3% in the second 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 in the last quarter. Finally, Raymond James Financial Inc. grew its position in Invesco S&P 500 Revenue ETF by 11.4% during the third quarter. Raymond James Financial Inc. now owns 756,020 shares of the company’s stock valued at $83,661,000 after acquiring an additional 77,617 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL stock opened at $115.47 on Thursday. The company has a market capitalization of $7.56 billion, a PE ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $121.76. The company’s 50 day moving average price is $118.81 and its two-hundred day moving average price is $114.44.

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.