Denver Wealth Management Inc. Has $18.28 Million Holdings in Invesco S&P 500 Revenue ETF $RWL

Denver Wealth Management Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 3.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 159,604 shares of the company’s stock after purchasing an additional 5,427 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for approximately 6.5% of Denver Wealth Management Inc.’s portfolio, making the stock its 3rd largest position. Denver Wealth Management Inc.’s holdings in Invesco S&P 500 Revenue ETF were worth $18,275,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. GoalVest Advisory LLC lifted its holdings in Invesco S&P 500 Revenue ETF by 355.1% during the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares during 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. SWAN Capital LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter worth about $30,000. Tortoise Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $39,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Invesco S&P 500 Revenue ETF by 17.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after buying an additional 115 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of NYSEARCA:RWL opened at $128.91 on Friday. Invesco S&P 500 Revenue ETF has a one year low of $101.18 and a one year high of $129.10. The company has a 50 day moving average of $123.49 and a 200-day moving average of $119.20. The stock has a market cap of $9.13 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86.

Invesco S&P 500 Revenue ETF 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.