Invesco S&P 500 Revenue ETF $RWL Stock Sold by Fusion Family Wealth LLC

Fusion Family Wealth LLC cut its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,659,446 shares of the company’s stock after selling 7,030 shares during the quarter. Invesco S&P 500 Revenue ETF makes up 14.2% of Fusion Family Wealth LLC’s portfolio, making the stock its 2nd largest holding. Fusion Family Wealth LLC owned about 2.17% of Invesco S&P 500 Revenue ETF worth $213,537,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P 500 Revenue ETF during the 3rd quarter valued at approximately $284,703,000. Bank of America Corp DE grew its stake in Invesco S&P 500 Revenue ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock worth $252,220,000 after buying an additional 5,552 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Invesco S&P 500 Revenue ETF by 71.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after buying an additional 705,554 shares during the last quarter. Cetera Investment Advisers increased its position in Invesco S&P 500 Revenue ETF by 25.5% in the first quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock worth $125,383,000 after buying an additional 221,983 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the third quarter worth $108,080,000.

Invesco S&P 500 Revenue ETF Stock Performance

RWL stock opened at $134.13 on Friday. The stock has a market capitalization of $10.31 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 1 year low of $109.26 and a 1 year high of $138.86. The stock’s fifty day moving average is $133.09 and its two-hundred day moving average is $126.48.

About Invesco S&P 500 Revenue ETF

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.