Global Retirement Partners LLC Buys 10,268 Shares of Invesco S&P 500 Revenue ETF $RWL

Global Retirement Partners LLC raised its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 295,565 shares of the company’s stock after acquiring an additional 10,268 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for 0.6% of Global Retirement Partners LLC’s holdings, making the stock its 29th largest position. Global Retirement Partners LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $33,842,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RWL. GoalVest Advisory LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 355.1% during the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC bought a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $26,000. Tortoise Investment Management LLC bought a new stake in Invesco S&P 500 Revenue ETF in the third quarter valued at about $39,000. Root Financial Partners LLC bought a new stake in Invesco S&P 500 Revenue ETF in the third quarter valued at about $62,000. Finally, PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after acquiring an additional 115 shares during the period.

Invesco S&P 500 Revenue ETF Stock Up 0.5%

NYSEARCA RWL opened at $125.21 on Thursday. The stock has a market cap of $8.86 billion, a P/E ratio of 18.14 and a beta of 0.86. The company’s 50-day simple moving average is $119.49 and its 200 day simple moving average is $117.41. Invesco S&P 500 Revenue ETF has a twelve month low of $98.79 and a twelve month high of $125.92.

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.