Petix & Botte Co Acquires 14,358 Shares of Invesco S&P 500 Revenue ETF $RWL

Petix & Botte Co grew its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 18.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,168 shares of the company’s stock after buying an additional 14,358 shares during the quarter. Invesco S&P 500 Revenue ETF makes up 2.4% of Petix & Botte Co’s portfolio, making the stock its 17th largest position. Petix & Botte Co’s holdings in Invesco S&P 500 Revenue ETF were worth $10,553,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. GoalVest Advisory LLC grew its holdings in 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 worth $26,000 after acquiring 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 in the fourth quarter worth about $26,000. Tortoise Investment Management LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth about $39,000. Root Financial Partners LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth approximately $62,000. Finally, Avion Wealth acquired a new position in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth approximately $88,000.

Invesco S&P 500 Revenue ETF Price Performance

RWL opened at $125.58 on Friday. The stock has a market capitalization of $8.89 billion, a P/E ratio of 18.14 and a beta of 0.86. The company’s 50 day simple moving average is $119.02 and its 200-day simple moving average is $117.06. Invesco S&P 500 Revenue ETF has a one year low of $98.79 and a one year high of $125.92.

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.