Concurrent Investment Advisors LLC Raises Stock Position in Invesco S&P 500 Revenue ETF $RWL

Concurrent Investment Advisors LLC boosted its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 21.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 18,833 shares of the company’s stock after buying an additional 3,339 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $1,964,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 4.2% in the first quarter. Janney Montgomery Scott LLC now owns 20,298 shares of the company’s stock valued at $2,016,000 after buying an additional 827 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Revenue ETF by 113.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 138,787 shares of the company’s stock valued at $13,787,000 after acquiring an additional 73,839 shares in the last quarter. CWM LLC increased its holdings in Invesco S&P 500 Revenue ETF by 61.3% during the 1st quarter. CWM LLC now owns 2,885 shares of the company’s stock valued at $287,000 after acquiring an additional 1,096 shares in the last quarter. Royal Bank of Canada increased its holdings in Invesco S&P 500 Revenue ETF by 5.2% during the 1st quarter. Royal Bank of Canada now owns 143,125 shares of the company’s stock valued at $14,217,000 after acquiring an additional 7,044 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in Invesco S&P 500 Revenue ETF by 154.2% during the 1st quarter. Assetmark Inc. now owns 427 shares of the company’s stock valued at $42,000 after acquiring an additional 259 shares in the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL opened at $110.40 on Wednesday. The firm has a 50 day simple moving average of $108.51 and a 200-day simple moving average of $103.19. Invesco S&P 500 Revenue ETF has a 1-year low of $86.97 and a 1-year high of $111.78. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 18.14 and a beta of 0.98.

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.