Invesco S&P 500 Revenue ETF $RWL Stock Bought by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. raised its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 335,973 shares of the company’s stock after buying an additional 13,513 shares during the period. Invesco S&P 500 Revenue ETF makes up approximately 9.7% of Investment Planning Advisors Inc.’s portfolio, making the stock its 2nd largest position. Investment Planning Advisors Inc. owned 0.44% of Invesco S&P 500 Revenue ETF worth $43,233,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. CX Institutional increased its holdings in Invesco S&P 500 Revenue ETF by 108.1% during the 3rd quarter. CX Institutional now owns 189,765 shares of the company’s stock worth $24,419,000 after purchasing an additional 98,567 shares during the period. Scarborough Advisors LLC raised its position in Invesco S&P 500 Revenue ETF by 9.6% in the 1st quarter. Scarborough Advisors LLC now owns 264,701 shares of the company’s stock valued at $30,417,000 after purchasing an additional 23,252 shares in the last quarter. TOP Private Wealth LLC. purchased a new position in shares of Invesco S&P 500 Revenue ETF in the 2nd quarter valued at about $1,712,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 104.7% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 13,572 shares of the company’s stock valued at $1,560,000 after buying an additional 6,943 shares during the period. Finally, Aspire Capital Advisors LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 3.2% in the 2nd quarter. Aspire Capital Advisors LLC now owns 149,668 shares of the company’s stock valued at $19,122,000 after buying an additional 4,590 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of Invesco S&P 500 Revenue ETF stock traded down $0.41 on Wednesday, reaching $132.71. 114,627 shares of the company were exchanged, compared to its average volume of 265,203. The stock’s 50 day moving average price is $132.96 and its 200-day moving average price is $128.09. Invesco S&P 500 Revenue ETF has a 1-year low of $109.26 and a 1-year high of $135.88. The company has a market cap of $10.05 billion, a P/E ratio of 18.14 and a beta of 0.86.

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.