Invesco S&P 500 Revenue ETF $RWL Shares Acquired by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC grew its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 38.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 205,753 shares of the company’s stock after acquiring an additional 57,345 shares during the period. Invesco S&P 500 Revenue ETF comprises approximately 1.4% of Thoroughbred Financial Services LLC’s investment portfolio, making the stock its 12th biggest position. Thoroughbred Financial Services LLC owned approximately 0.31% of Invesco S&P 500 Revenue ETF worth $23,558,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Kraft Davis & Associates LLC increased its stake 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. Stratos Wealth Partners LTD. raised its position in shares of Invesco S&P 500 Revenue ETF by 9.9% during the 4th 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 during the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth about $2,806,000. Allworth Financial LP boosted its holdings in Invesco S&P 500 Revenue ETF by 1.5% in the 3rd quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock worth $252,815,000 after buying an additional 32,997 shares during the last quarter. Finally, AE Wealth Management LLC increased its stake in Invesco S&P 500 Revenue ETF by 10.7% during the 4th quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock worth $5,012,000 after buying an additional 4,215 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.4%

NYSEARCA:RWL opened at $126.56 on Thursday. Invesco S&P 500 Revenue ETF has a 12 month low of $99.65 and a 12 month high of $126.82. The stock has a 50 day moving average of $120.43 and a two-hundred day moving average of $117.92. The firm has a market cap of $8.96 billion, a P/E ratio of 18.14 and a beta of 0.86.

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.