Envestnet Asset Management Inc. Purchases 73,839 Shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 113.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,787 shares of the company’s stock after purchasing an additional 73,839 shares during the period. Envestnet Asset Management Inc. owned about 0.26% of Invesco S&P 500 Revenue ETF worth $13,787,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in RWL. Crewe Advisors LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the first quarter worth about $37,000. Mpwm Advisory Solutions LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth about $40,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the first quarter worth about $57,000. Ameriflex Group Inc. bought a new stake in shares of Invesco S&P 500 Revenue ETF during the fourth quarter worth about $89,000. Finally, Blair William & Co. IL bought a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter valued at approximately $109,000.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL stock opened at $103.95 on Friday. The business’s 50 day simple moving average is $102.47 and its 200 day simple moving average is $100.32. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $105.71. The stock has a market capitalization of $5.83 billion, a PE ratio of 18.14 and a beta of 0.98.

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.