Invesco S&P 500 Revenue ETF $RWL Stock: Investment Planning Advisors Inc. Raises Holdings

Investment Planning Advisors Inc. boosted its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 335,973 shares of the company’s stock after buying an additional 13,513 shares during the quarter. Invesco S&P 500 Revenue ETF makes up about 9.7% of Investment Planning Advisors Inc.’s holdings, making the stock its 2nd largest position. Investment Planning Advisors Inc.’s holdings in Invesco S&P 500 Revenue ETF were worth $43,233,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of RWL. Bank of America Corp DE raised its stake in Invesco S&P 500 Revenue ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock valued at $252,220,000 after buying an additional 5,552 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Invesco S&P 500 Revenue ETF by 71.6% during the 1st 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 during the last quarter. Fusion Family Wealth LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 1st quarter. Fusion Family Wealth LLC now owns 1,677,074 shares of the company’s stock worth $192,713,000 after acquiring an additional 48,750 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Invesco S&P 500 Revenue ETF by 25.5% during the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock worth $125,383,000 after acquiring an additional 221,983 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Revenue ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 423,720 shares of the company’s stock worth $54,134,000 after acquiring an additional 126,180 shares in the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL traded down $0.41 during mid-day trading on Wednesday, reaching $132.71. The company’s stock had a trading volume of 114,627 shares, compared to its average volume of 265,203. Invesco S&P 500 Revenue ETF has a 12-month low of $109.26 and a 12-month high of $135.88. The stock has a market cap of $10.05 billion, a PE ratio of 18.14 and a beta of 0.86. The company’s 50 day moving average is $132.96 and its 200 day moving average is $128.09.

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.