Kingsview Wealth Management LLC Cuts Position in Invesco S&P 500 Revenue ETF $RWL

Kingsview Wealth Management LLC decreased its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 57.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,819 shares of the company’s stock after selling 29,144 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $2,414,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mark Sheptoff Financial Planning LLC increased its holdings in Invesco S&P 500 Revenue ETF by 40.9% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 341 shares of the company’s stock valued at $36,000 after buying an additional 99 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after acquiring an additional 125 shares during the period. RFG Advisory LLC increased its stake in Invesco S&P 500 Revenue ETF by 5.3% in the 3rd quarter. RFG Advisory LLC now owns 2,922 shares of the company’s stock valued at $323,000 after purchasing an additional 146 shares in the last quarter. World Investment Advisors increased its stake in Invesco S&P 500 Revenue ETF by 0.4% in the 3rd quarter. World Investment Advisors now owns 43,230 shares of the company’s stock valued at $4,784,000 after purchasing an additional 154 shares in the last quarter. Finally, Harbor Asset Planning Inc. raised its holdings in Invesco S&P 500 Revenue ETF by 0.5% during the third quarter. Harbor Asset Planning Inc. now owns 33,105 shares of the company’s stock worth $3,664,000 after purchasing an additional 158 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL opened at $120.35 on Thursday. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $121.76. The company has a market cap of $7.88 billion, a price-to-earnings ratio of 18.14 and a beta of 0.92. The business’s fifty day moving average is $118.52 and its two-hundred day moving average is $113.77.

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.