Retirement Planning Group LLC NY raised its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 7.5% during the 3rd quarter, Holdings Channel reports. The fund owned 61,184 shares of the company’s stock after purchasing an additional 4,270 shares during the period. Invesco S&P 500 Revenue ETF makes up approximately 5.1% of Retirement Planning Group LLC NY’s portfolio, making the stock its 3rd largest holding. Retirement Planning Group LLC NY’s holdings in Invesco S&P 500 Revenue ETF were worth $6,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in the business. Invesco Ltd. grew its stake in shares of Invesco S&P 500 Revenue ETF by 4.2% in the second quarter. Invesco Ltd. now owns 8,176,399 shares of the company’s stock worth $852,717,000 after purchasing an additional 330,726 shares in the last quarter. Allworth Financial LP lifted its holdings in Invesco S&P 500 Revenue ETF by 1.8% in the second quarter. Allworth Financial LP now owns 2,251,612 shares of the company’s stock worth $234,821,000 after purchasing an additional 40,231 shares during the period. Bank of America Corp DE grew its position 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 valued at $209,742,000 after buying an additional 18,686 shares in the last quarter. Fusion Family Wealth LLC increased its stake in Invesco S&P 500 Revenue ETF by 0.6% during the 2nd quarter. Fusion Family Wealth LLC now owns 1,579,615 shares of the company’s stock valued at $164,738,000 after buying an additional 9,042 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 50.3% in the second quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock valued at $129,793,000 after acquiring an additional 416,582 shares in the last quarter.
Invesco S&P 500 Revenue ETF Price Performance
Shares of NYSEARCA:RWL opened at $118.15 on Thursday. The stock has a market cap of $7.60 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a 12 month low of $86.97 and a 12 month high of $118.50. The stock’s 50 day moving average price is $114.32 and its 200 day moving average price is $110.16.
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.
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