Fusion Family Wealth LLC Grows Position in Invesco S&P 500 Revenue ETF $RWL

Fusion Family Wealth LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 3.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,628,324 shares of the company’s stock after purchasing an additional 46,696 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for about 14.1% of Fusion Family Wealth LLC’s holdings, making the stock its 2nd biggest position. Fusion Family Wealth LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $186,443,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Colonial River Investments LLC increased its holdings in Invesco S&P 500 Revenue ETF by 4.9% in the 4th quarter. Colonial River Investments LLC now owns 102,998 shares of the company’s stock valued at $11,793,000 after buying an additional 4,793 shares during the period. Nwam LLC increased its holdings in Invesco S&P 500 Revenue ETF by 6.6% in the 4th quarter. Nwam LLC now owns 51,759 shares of the company’s stock valued at $6,131,000 after buying an additional 3,195 shares during the period. RFG Advisory LLC increased its holdings in Invesco S&P 500 Revenue ETF by 15.7% in the 4th quarter. RFG Advisory LLC now owns 3,381 shares of the company’s stock valued at $387,000 after buying an additional 459 shares during the period. AssuredPartners Investment Advisors LLC increased its holdings in Invesco S&P 500 Revenue ETF by 422.3% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 30,714 shares of the company’s stock valued at $3,517,000 after buying an additional 24,833 shares during the period. Finally, Truist Financial Corp increased its holdings in Invesco S&P 500 Revenue ETF by 58.5% in the 4th quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock valued at $5,307,000 after buying an additional 17,113 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

RWL stock opened at $124.39 on Monday. Invesco S&P 500 Revenue ETF has a 12 month low of $98.36 and a 12 month high of $124.53. The firm has a market cap of $8.81 billion, a P/E ratio of 18.14 and a beta of 0.86. The company’s 50-day moving average price is $118.60 and its two-hundred day moving average price is $116.61.

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.