Concurrent Investment Advisors LLC Has $16.06 Million Holdings in Invesco S&P 500 Revenue ETF $RWL

Concurrent Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 3.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 125,695 shares of the company’s stock after buying an additional 4,351 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $16,059,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Key Client Fiduciary Advisors LLC lifted its stake in shares of Invesco S&P 500 Revenue ETF by 0.4% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 21,362 shares of the company’s stock valued at $2,729,000 after purchasing an additional 78 shares during the last quarter. Stephens Inc. AR grew its position in 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 in the last quarter. PNC Financial Services Group Inc. lifted its position in Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock worth $87,000 after purchasing an additional 115 shares during the period. Savant Capital LLC increased its stake in Invesco S&P 500 Revenue ETF by 3.0% in the fourth quarter. Savant Capital LLC now owns 4,315 shares of the company’s stock valued at $494,000 after acquiring an additional 124 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its position in shares of Invesco S&P 500 Revenue ETF by 1.0% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after buying an additional 125 shares during the period.

Invesco S&P 500 Revenue ETF Stock Down 0.6%

NYSEARCA:RWL opened at $134.88 on Friday. The firm has a market cap of $9.92 billion, a PE ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 12 month low of $107.88 and a 12 month high of $135.88. The company’s 50-day moving average price is $132.20 and its two-hundred day moving average price is $125.47.

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.