Fortis Group Advisors LLC Invests $1.08 Million in Invesco S&P 500 Revenue ETF $RWL

Fortis Group Advisors LLC acquired a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,691 shares of the company’s stock, valued at approximately $1,083,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P 500 Revenue ETF during the 3rd quarter worth about $251,111,000. Osaic Holdings Inc. raised its holdings in shares of Invesco S&P 500 Revenue ETF by 50.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,244,310 shares of the company’s stock valued at $129,793,000 after purchasing an additional 416,582 shares in the last quarter. Cerity Partners LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the 2nd quarter worth approximately $39,859,000. Invesco Ltd. boosted its stake in shares of Invesco S&P 500 Revenue ETF by 4.2% during the second quarter. Invesco Ltd. now owns 8,176,399 shares of the company’s stock valued at $852,717,000 after purchasing an additional 330,726 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new position in Invesco S&P 500 Revenue ETF during the second quarter valued at approximately $27,991,000.

Invesco S&P 500 Revenue ETF Stock Down 0.2%

Invesco S&P 500 Revenue ETF stock opened at $120.25 on Wednesday. The firm has a market cap of $7.87 billion, a P/E ratio of 18.14 and a beta of 0.92. The business has a fifty day moving average of $117.34 and a two-hundred day moving average of $112.61. Invesco S&P 500 Revenue ETF has a twelve month low of $86.97 and a twelve month high of $121.76.

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. 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.