Invesco S&P 500 Revenue ETF $RWL is Total Clarity Wealth Management Inc.’s 3rd Largest Position

Total Clarity Wealth Management Inc. raised its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 65.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,279 shares of the company’s stock after buying an additional 30,144 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for 2.1% of Total Clarity Wealth Management Inc.’s portfolio, making the stock its 3rd largest position. Total Clarity Wealth Management Inc.’s holdings in Invesco S&P 500 Revenue ETF were worth $8,734,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after purchasing an additional 999,935 shares during the period. Allworth Financial LP increased its holdings in shares of Invesco S&P 500 Revenue ETF by 1.5% in the 3rd quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock valued at $252,815,000 after purchasing an additional 32,997 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter valued at about $251,111,000. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Revenue ETF by 9.1% in the 3rd quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock valued at $242,738,000 after purchasing an additional 182,412 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 11.4% in the 3rd quarter. Raymond James Financial Inc. now owns 756,020 shares of the company’s stock valued at $83,661,000 after purchasing an additional 77,617 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

Shares of RWL opened at $123.88 on Friday. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 18.14 and a beta of 0.87. Invesco S&P 500 Revenue ETF has a fifty-two week low of $97.10 and a fifty-two week high of $124.00. The business’s 50-day moving average is $118.38 and its 200-day moving average is $116.24.

Invesco S&P 500 Revenue ETF Company 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.