Asset Allocation Strategies LLC Buys 96,984 Shares of Invesco S&P 500 Revenue ETF $RWL

Asset Allocation Strategies LLC lifted its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 69.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 235,917 shares of the company’s stock after purchasing an additional 96,984 shares during the period. Invesco S&P 500 Revenue ETF makes up about 5.2% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its biggest position. Asset Allocation Strategies LLC owned approximately 0.36% of Invesco S&P 500 Revenue ETF worth $27,012,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Kraft Davis & Associates LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 6.7% during the fourth quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock worth $11,640,000 after purchasing an additional 6,235 shares in the last quarter. Truist Financial Corp lifted its position in shares of Invesco S&P 500 Revenue ETF by 58.5% during the fourth quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock worth $5,307,000 after purchasing an additional 17,113 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of Invesco S&P 500 Revenue ETF by 9.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 138,880 shares of the company’s stock worth $15,902,000 after purchasing an additional 12,488 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 10.7% during the fourth quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock worth $5,012,000 after purchasing an additional 4,215 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth approximately $2,806,000.

Invesco S&P 500 Revenue ETF Trading Up 0.8%

Shares of RWL stock opened at $128.91 on Friday. Invesco S&P 500 Revenue ETF has a 1 year low of $101.18 and a 1 year high of $129.10. The firm’s 50 day moving average is $123.49 and its 200-day moving average is $119.20. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86.

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.