Envestnet Asset Management Inc. Acquires 5,247 Shares of Invesco S&P 500 Revenue ETF $RWL

Envestnet Asset Management Inc. boosted its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 130,687 shares of the company’s stock after buying an additional 5,247 shares during the period. Envestnet Asset Management Inc. owned approximately 0.21% of Invesco S&P 500 Revenue ETF worth $14,462,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new position in Invesco S&P 500 Revenue ETF in the third quarter valued at $1,452,000. Fifth Third Securities Inc. boosted its stake in shares of Invesco S&P 500 Revenue ETF by 62.0% during the 3rd quarter. Fifth Third Securities Inc. now owns 15,018 shares of the company’s stock worth $1,662,000 after buying an additional 5,749 shares during the last quarter. Asset Allocation Strategies LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 112.9% during the 3rd quarter. Asset Allocation Strategies LLC now owns 138,933 shares of the company’s stock worth $15,374,000 after buying an additional 73,684 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Invesco S&P 500 Revenue ETF by 26.7% in the 3rd quarter. Brookstone Capital Management now owns 131,974 shares of the company’s stock valued at $14,604,000 after acquiring an additional 27,818 shares in the last quarter. Finally, Avestar Capital LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 18.2% in the second quarter. Avestar Capital LLC now owns 52,494 shares of the company’s stock valued at $5,475,000 after acquiring an additional 8,092 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $120.47 on Tuesday. The business’s 50-day simple moving average is $117.21 and its 200 day simple moving average is $112.49. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $121.76. The firm has a market capitalization of $7.88 billion, a PE ratio of 18.14 and a beta of 0.92.

Invesco S&P 500 Revenue ETF Company 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. 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.