Klingman & Associates LLC Increases Stock Position in Invesco S&P 500 Revenue ETF $RWL

Klingman & Associates LLC raised its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 8.8% in the 1st quarter, HoldingsChannel reports. The firm owned 329,029 shares of the company’s stock after purchasing an additional 26,672 shares during the period. Invesco S&P 500 Revenue ETF makes up 1.8% of Klingman & Associates LLC’s portfolio, making the stock its 12th biggest position. Klingman & Associates LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $37,809,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Axxcess Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 1,242.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 1,338,780 shares of the company’s stock worth $153,290,000 after buying an additional 1,239,026 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 468.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,441,023 shares of the company’s stock worth $164,997,000 after acquiring an additional 1,187,743 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 12.2% during the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock worth $1,015,453,000 after acquiring an additional 999,935 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 16.8% during the 4th quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock worth $672,218,000 after acquiring an additional 843,089 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Invesco S&P 500 Revenue ETF by 71.6% in the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after acquiring an additional 705,554 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Down 0.9%

RWL opened at $129.16 on Friday. The stock has a market cap of $9.44 billion, a PE ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 52 week low of $101.80 and a 52 week high of $131.56. The business’s fifty day simple moving average is $128.01 and its 200 day simple moving average is $122.19.

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.