Harbour Investments Inc. Sells 5,553 Shares of Invesco S&P 500 Revenue ETF $RWL

Harbour Investments Inc. trimmed its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,081 shares of the company’s stock after selling 5,553 shares during the quarter. Harbour Investments Inc. owned 0.17% of Invesco S&P 500 Revenue ETF worth $12,833,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. GoalVest Advisory LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 355.1% in the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC bought a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter worth $26,000. Tortoise Investment Management LLC bought a new stake in Invesco S&P 500 Revenue ETF in the third quarter worth $39,000. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after acquiring an additional 115 shares in the last quarter. Finally, Avion Wealth bought a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter worth $88,000.

Invesco S&P 500 Revenue ETF Stock Performance

Invesco S&P 500 Revenue ETF stock opened at $126.33 on Tuesday. Invesco S&P 500 Revenue ETF has a 12 month low of $98.79 and a 12 month high of $126.56. The business’s fifty day simple moving average is $120.04 and its two-hundred day simple moving average is $117.71. The company has a market capitalization of $8.94 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.