Invesco S&P 500 Revenue ETF $RWL is Tanglewood Legacy Advisors LLC’s 3rd Largest Position

Tanglewood Legacy Advisors LLC grew its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 284,639 shares of the company’s stock after buying an additional 11,399 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for 11.8% of Tanglewood Legacy Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Tanglewood Legacy Advisors LLC owned 0.40% of Invesco S&P 500 Revenue ETF worth $32,708,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC increased its stake in shares of Invesco S&P 500 Revenue ETF by 355.1% during the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares during the period. Capital Investment Advisory Services LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $26,000. SWAN Capital LLC acquired a new stake in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $30,000. Aptus Capital Advisors LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 359.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 259 shares in the last quarter. Finally, Tortoise Investment Management LLC purchased a new stake in Invesco S&P 500 Revenue ETF in the 3rd quarter valued at approximately $39,000.

Invesco S&P 500 Revenue ETF Stock Performance

NYSEARCA RWL opened at $129.42 on Friday. The business’s 50 day moving average is $126.18 and its two-hundred day moving average is $120.66. Invesco S&P 500 Revenue ETF has a 12-month low of $101.80 and a 12-month high of $130.00. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85.

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.