Allworth Financial LP Raises Stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Allworth Financial LP raised its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 1.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,396,779 shares of the company’s stock after purchasing an additional 40,290 shares during the quarter. Invesco S&P 500 Revenue ETF comprises about 1.4% of Allworth Financial LP’s investment portfolio, making the stock its 14th biggest position. Allworth Financial LP owned 7.06% of Invesco S&P 500 Revenue ETF worth $235,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of RWL. Glassman Wealth Services acquired a new stake in Invesco S&P 500 Revenue ETF during the first quarter worth about $70,000. Secure Asset Management LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF during the second quarter valued at approximately $247,000. WealthTrust Asset Management LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the first quarter worth approximately $248,000. Kingswood Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at approximately $263,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the second quarter valued at $269,000.

Invesco S&P 500 Revenue ETF Price Performance

NYSEARCA RWL opened at $98.07 on Friday. Invesco S&P 500 Revenue ETF has a 12 month low of $74.60 and a 12 month high of $100.07. The firm has a market capitalization of $3.33 billion, a PE ratio of 18.52 and a beta of 0.73. The company’s 50 day simple moving average is $97.31 and its 200 day simple moving average is $94.14.

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.