Abound Wealth Management Acquires Shares of 380 Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Abound Wealth Management bought a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 380 shares of the company’s stock, valued at approximately $37,000.

Several other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC raised its stake in Invesco S&P 500 Revenue ETF by 17.0% in the third quarter. LPL Financial LLC now owns 3,464,953 shares of the company’s stock worth $339,808,000 after buying an additional 502,496 shares in the last quarter. Stewardship Advisors LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $18,730,000. Fermata Advisors LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $9,025,000. Kozak & Associates Inc. lifted its stake in shares of Invesco S&P 500 Revenue ETF by 14.9% in the 4th quarter. Kozak & Associates Inc. now owns 549,917 shares of the company’s stock valued at $54,381,000 after purchasing an additional 71,350 shares during the period. Finally, Fusion Family Wealth LLC boosted its position in shares of Invesco S&P 500 Revenue ETF by 4.1% during the third quarter. Fusion Family Wealth LLC now owns 1,415,712 shares of the company’s stock valued at $138,839,000 after purchasing an additional 55,620 shares in the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

RWL stock traded up $0.60 during midday trading on Monday, hitting $98.73. The stock had a trading volume of 106,273 shares, compared to its average volume of 246,391. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73. The business has a 50-day moving average of $100.88 and a two-hundred day moving average of $97.61. Invesco S&P 500 Revenue ETF has a 52-week low of $83.66 and a 52-week high of $104.39.

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.