Money Concepts Capital Corp Increases Stock Position in Invesco S&P 500 Revenue ETF $RWL

Money Concepts Capital Corp raised its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 416.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,074 shares of the company’s stock after purchasing an additional 38,766 shares during the period. Money Concepts Capital Corp owned 0.07% of Invesco S&P 500 Revenue ETF worth $5,504,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kraft Davis & Associates LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 6.7% in the fourth quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock valued at $11,640,000 after purchasing an additional 6,235 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at about $251,111,000. Retirement Planning Group LLC NY lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 7.5% in the third quarter. Retirement Planning Group LLC NY now owns 61,184 shares of the company’s stock valued at $6,771,000 after purchasing an additional 4,270 shares in the last quarter. Flaharty Asset Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $591,000. Finally, Allworth Financial LP lifted its stake in shares of Invesco S&P 500 Revenue ETF by 1.5% during the third quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock valued at $252,815,000 after buying an additional 32,997 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of RWL opened at $124.05 on Tuesday. The company has a market capitalization of $8.78 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The company’s 50 day simple moving average is $118.75 and its 200 day simple moving average is $116.79. Invesco S&P 500 Revenue ETF has a 1 year low of $98.79 and a 1 year high of $124.67.

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.