Concurrent Investment Advisors LLC Raises Stock Holdings in Invesco S&P 500 Revenue ETF $RWL

Concurrent Investment Advisors LLC grew its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 63.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,725 shares of the company’s stock after buying an additional 12,740 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.05% of Invesco S&P 500 Revenue ETF worth $3,747,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RWL. GoalVest Advisory LLC increased its position in Invesco S&P 500 Revenue ETF by 355.1% in the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after buying an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter worth about $26,000. Tortoise Investment Management LLC bought 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 about $62,000. Finally, Avion Wealth bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter worth about $88,000.

Invesco S&P 500 Revenue ETF Stock Up 0.1%

NYSEARCA RWL opened at $121.87 on Tuesday. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of 18.14 and a beta of 0.87. The business has a 50-day moving average price of $118.23 and a 200-day moving average price of $116.04. Invesco S&P 500 Revenue ETF has a twelve month low of $95.30 and a twelve month high of $122.73.

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.