Asset Allocation Strategies LLC boosted its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 8.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 256,235 shares of the company’s stock after purchasing an additional 20,318 shares during the period. Invesco S&P 500 Revenue ETF comprises about 5.2% of Asset Allocation Strategies LLC’s portfolio, making the stock its 2nd biggest holding. Asset Allocation Strategies LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $29,444,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of RWL. GoalVest Advisory LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 355.1% during the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after buying an additional 174 shares during the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth $26,000. SWAN Capital LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the 4th quarter worth about $30,000. Aptus Capital Advisors LLC increased its holdings in Invesco S&P 500 Revenue ETF by 359.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock worth $38,000 after acquiring an additional 259 shares during the last quarter. Finally, Tortoise Investment Management LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the 3rd quarter worth about $39,000.
Invesco S&P 500 Revenue ETF Stock Performance
Shares of Invesco S&P 500 Revenue ETF stock opened at $127.82 on Monday. The stock has a market capitalization of $9.05 billion, a P/E ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 52-week low of $101.80 and a 52-week high of $130.00. The stock’s 50-day simple moving average is $125.46 and its 200 day simple moving average is $120.22.
Invesco S&P 500 Revenue ETF 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.
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