The Manufacturers Life Insurance Company lifted its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 87.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,910 shares of the company’s stock after purchasing an additional 29,815 shares during the quarter. The Manufacturers Life Insurance Company owned 0.09% of Invesco S&P 500 Revenue ETF worth $7,344,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stephens Inc. AR increased its holdings in Invesco S&P 500 Revenue ETF by 4.4% in the 4th quarter. Stephens Inc. AR now owns 2,232 shares of the company’s stock valued at $256,000 after buying an additional 94 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Invesco S&P 500 Revenue ETF by 17.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after buying an additional 115 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 4th quarter. Savant Capital LLC now owns 4,315 shares of the company’s stock worth $494,000 after acquiring an additional 124 shares during the period. Great Valley Advisor Group Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after acquiring an additional 125 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 2.3% during the 4th quarter. HighTower Advisors LLC now owns 6,649 shares of the company’s stock valued at $761,000 after acquiring an additional 147 shares in the last quarter.
Invesco S&P 500 Revenue ETF Stock Down 0.1%
NYSEARCA RWL opened at $133.94 on Thursday. The stock has a market cap of $9.85 billion, a P/E ratio of 18.14 and a beta of 0.85. The company’s 50-day simple moving average is $129.19 and its 200 day simple moving average is $123.10. Invesco S&P 500 Revenue ETF has a twelve month low of $103.11 and a twelve month high of $134.62.
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.
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