Concurrent Investment Advisors LLC Boosts Holdings in Invesco S&P 500 Revenue ETF $RWL

Concurrent Investment Advisors LLC grew its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 125,695 shares of the company’s stock after purchasing an additional 4,351 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.17% of Invesco S&P 500 Revenue ETF worth $16,059,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Kraft Davis & Associates LLC lifted its stake in Invesco S&P 500 Revenue ETF by 5.1% in the 2nd quarter. Kraft Davis & Associates LLC now owns 89,476 shares of the company’s stock valued at $11,572,000 after buying an additional 4,326 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its stake in Invesco S&P 500 Revenue ETF by 0.4% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 21,362 shares of the company’s stock worth $2,729,000 after buying an additional 78 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Invesco S&P 500 Revenue ETF by 13.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,219 shares of the company’s stock valued at $156,000 after acquiring an additional 142 shares during the last quarter. RVW Wealth LLC raised its holdings in shares of Invesco S&P 500 Revenue ETF by 0.5% during the second quarter. RVW Wealth LLC now owns 42,754 shares of the company’s stock valued at $5,462,000 after acquiring an additional 206 shares during the last quarter. Finally, CX Institutional purchased a new position in Invesco S&P 500 Revenue ETF in the 2nd quarter valued at $11,651,000.

Invesco S&P 500 Revenue ETF Stock Down 0.6%

Invesco S&P 500 Revenue ETF stock opened at $134.88 on Friday. The company has a fifty day simple moving average of $132.20 and a 200-day simple moving average of $125.47. The firm has a market capitalization of $9.92 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 52-week low of $107.88 and a 52-week high of $135.88.

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.