Allworth Financial LP Raises Holdings in Invesco S&P 500 Revenue ETF $RWL

Allworth Financial LP lifted its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,284,609 shares of the company’s stock after acquiring an additional 32,997 shares during the quarter. Invesco S&P 500 Revenue ETF makes up 1.1% of Allworth Financial LP’s investment portfolio, making the stock its 16th largest position. Allworth Financial LP owned approximately 3.71% of Invesco S&P 500 Revenue ETF worth $252,815,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth about $39,000. Root Financial Partners LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter worth $62,000. Beacon Capital Management Inc. bought a new position in shares of Invesco S&P 500 Revenue ETF in the second quarter worth $103,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at $115,000. Finally, US Bancorp DE grew its position in shares of Invesco S&P 500 Revenue ETF by 125.0% in the third quarter. US Bancorp DE now owns 1,125 shares of the company’s stock valued at $124,000 after purchasing an additional 625 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA:RWL opened at $115.47 on Thursday. The business’s fifty day moving average is $118.81 and its 200 day moving average is $114.44. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $121.76.

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.