Klingman & Associates LLC Raises Stock Position in Invesco S&P 500 Revenue ETF $RWL

Klingman & Associates LLC increased its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 8.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 329,029 shares of the company’s stock after acquiring an additional 26,672 shares during the period. Invesco S&P 500 Revenue ETF makes up about 1.8% of Klingman & Associates LLC’s holdings, making the stock its 12th biggest position. Klingman & Associates LLC owned 0.46% of Invesco S&P 500 Revenue ETF worth $37,809,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Axxcess Wealth Management LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 1,242.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock valued at $153,290,000 after purchasing an additional 1,239,026 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 468.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,441,023 shares of the company’s stock worth $164,997,000 after purchasing an additional 1,187,743 shares during the period. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 12.2% in the third quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock worth $1,015,453,000 after purchasing an additional 999,935 shares during the period. LPL Financial LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 16.8% in the fourth quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock worth $672,218,000 after purchasing an additional 843,089 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Revenue ETF by 71.6% in the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after buying an additional 705,554 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA:RWL opened at $129.16 on Friday. The firm has a market capitalization of $9.44 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 52-week low of $101.80 and a 52-week high of $131.56. The stock has a fifty day moving average of $128.01 and a 200 day moving average of $122.19.

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.