Royal Bank of Canada Purchases 7,044 Shares of Invesco S&P 500 Revenue ETF $RWL

Royal Bank of Canada boosted its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 5.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,125 shares of the company’s stock after acquiring an additional 7,044 shares during the period. Royal Bank of Canada owned 0.27% of Invesco S&P 500 Revenue ETF worth $14,217,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Janney Montgomery Scott LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 4.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 20,298 shares of the company’s stock worth $2,016,000 after purchasing an additional 827 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Revenue ETF by 113.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 138,787 shares of the company’s stock valued at $13,787,000 after purchasing an additional 73,839 shares during the period. Citadel Advisors LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the 4th quarter valued at approximately $230,000. CWM LLC boosted its stake in Invesco S&P 500 Revenue ETF by 61.3% in the 1st quarter. CWM LLC now owns 2,885 shares of the company’s stock worth $287,000 after purchasing an additional 1,096 shares during the period. Finally, Assetmark Inc. boosted its stake in Invesco S&P 500 Revenue ETF by 154.2% in the 1st quarter. Assetmark Inc. now owns 427 shares of the company’s stock worth $42,000 after purchasing an additional 259 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL opened at $108.61 on Thursday. The stock has a market capitalization of $6.16 billion, a price-to-earnings ratio of 18.14 and a beta of 0.98. Invesco S&P 500 Revenue ETF has a 1 year low of $86.97 and a 1 year high of $109.10. The business’s 50 day simple moving average is $105.80 and its 200-day simple moving average is $101.49.

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.