Fortis Group Advisors LLC Purchases 4,559 Shares of Invesco S&P 500 Revenue ETF $RWL

Fortis Group Advisors LLC increased its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 47.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,250 shares of the company’s stock after acquiring an additional 4,559 shares during the quarter. Fortis Group Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $1,681,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of RWL. Jane Street Group LLC bought a new position in Invesco S&P 500 Revenue ETF in the 1st quarter worth about $683,000. Qube Research & Technologies Ltd boosted its stake in Invesco S&P 500 Revenue ETF by 36.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,424 shares of the company’s stock worth $879,000 after purchasing an additional 2,267 shares in the last quarter. Bank of America Corp DE boosted its stake in Invesco S&P 500 Revenue ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 2,011,138 shares of the company’s stock worth $209,742,000 after purchasing an additional 18,686 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in Invesco S&P 500 Revenue ETF by 1.0% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after purchasing an additional 125 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in Invesco S&P 500 Revenue ETF by 42.4% in the 2nd quarter. MML Investors Services LLC now owns 181,317 shares of the company’s stock worth $18,910,000 after purchasing an additional 53,968 shares in the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $125.21 on Thursday. The stock has a market cap of $8.86 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The firm’s 50-day moving average is $119.49 and its 200 day moving average is $117.41. Invesco S&P 500 Revenue ETF has a 1 year low of $98.79 and a 1 year high of $125.92.

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.