Ignite Planners LLC Acquires 11,446 Shares of Invesco S&P 500 Revenue ETF $RWL

Ignite Planners LLC raised its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 52.8% in the fourth quarter, Holdings Channel reports. The fund owned 33,142 shares of the company’s stock after purchasing an additional 11,446 shares during the quarter. Ignite Planners LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $3,909,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in RWL. KMG Fiduciary Partners LLC increased its position in Invesco S&P 500 Revenue ETF by 1.0% during the 4th quarter. KMG Fiduciary Partners LLC now owns 9,101 shares of the company’s stock worth $1,042,000 after purchasing an additional 90 shares in the last quarter. Stephens Inc. AR grew its stake in shares of Invesco S&P 500 Revenue ETF by 4.4% during the fourth quarter. Stephens Inc. AR now owns 2,232 shares of the company’s stock worth $256,000 after buying an additional 94 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 10,775 shares of the company’s stock worth $1,234,000 after buying an additional 103 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 17.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after buying an additional 115 shares in the last quarter. Finally, Great Valley Advisor Group Inc. lifted its stake 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 valued at $1,317,000 after acquiring an additional 125 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Up 0.0%

NYSEARCA RWL opened at $125.22 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $98.79 and a twelve month high of $125.92. The company has a market cap of $8.87 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The business’s fifty day moving average is $119.65 and its 200 day moving average is $117.51.

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.