Sovran Advisors LLC cut its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 9.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,121 shares of the company’s stock after selling 216 shares during the quarter. Sovran Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Crewe Advisors LLC purchased a new position in Invesco S&P 500 Revenue ETF during the 1st quarter valued at about $37,000. Assetmark Inc. boosted its holdings in Invesco S&P 500 Revenue ETF by 154.2% during the 1st quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $42,000 after acquiring an additional 259 shares during the period. Atlantic Private Wealth LLC purchased a new position in Invesco S&P 500 Revenue ETF during the 1st quarter valued at about $52,000. Bartlett & CO. Wealth Management LLC purchased a new position in Invesco S&P 500 Revenue ETF during the 1st quarter valued at about $57,000. Finally, Ameriflex Group Inc. purchased a new position in Invesco S&P 500 Revenue ETF during the 4th quarter valued at about $89,000.
Invesco S&P 500 Revenue ETF Stock Performance
Shares of RWL opened at $109.92 on Friday. The stock has a 50-day simple moving average of $106.45 and a 200-day simple moving average of $101.89. The stock has a market capitalization of $6.24 billion, a PE 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 $110.44.
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.
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