Axxcess Wealth Management LLC Sells 99,784 Shares of Invesco S&P 500 Revenue ETF $RWL

Axxcess Wealth Management LLC lessened its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 29.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 234,702 shares of the company’s stock after selling 99,784 shares during the period. Invesco S&P 500 Revenue ETF accounts for 0.9% of Axxcess Wealth Management LLC’s portfolio, making the stock its 29th largest position. Axxcess Wealth Management LLC owned 0.33% of Invesco S&P 500 Revenue ETF worth $26,970,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in RWL. GoalVest Advisory LLC grew its stake in shares of Invesco S&P 500 Revenue ETF by 355.1% during the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC acquired a new position in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $26,000. SWAN Capital LLC bought a new position in Invesco S&P 500 Revenue ETF during the fourth quarter worth about $30,000. Aptus Capital Advisors LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 359.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after buying an additional 259 shares during the last quarter. Finally, Tortoise Investment Management LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth about $39,000.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL stock opened at $130.09 on Wednesday. The stock has a market cap of $9.39 billion, a PE ratio of 18.14 and a beta of 0.85. The stock has a 50-day moving average of $126.49 and a 200-day moving average of $120.91. Invesco S&P 500 Revenue ETF has a one year low of $101.80 and a one year high of $130.83.

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.