Invesco S&P 500 Revenue ETF $RWL Stock Holdings Cut by Firethorn Wealth Partners LLC

Firethorn Wealth Partners LLC reduced its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 17.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,663 shares of the company’s stock after selling 5,599 shares during the quarter. Invesco S&P 500 Revenue ETF comprises 1.1% of Firethorn Wealth Partners LLC’s portfolio, making the stock its 21st biggest holding. Firethorn Wealth Partners LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $3,431,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in RWL. Bank of New York Mellon Corp increased its stake in shares of Invesco S&P 500 Revenue ETF by 71.6% in the first quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after purchasing an additional 705,554 shares during the period. Axxcess Wealth Management LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 235.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 334,486 shares of the company’s stock worth $38,299,000 after purchasing an additional 234,732 shares during the last quarter. Cetera Investment Advisers boosted its stake in Invesco S&P 500 Revenue ETF by 25.5% during the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock valued at $125,383,000 after purchasing an additional 221,983 shares during the period. Envestnet Asset Management Inc. boosted its stake in Invesco S&P 500 Revenue ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 423,720 shares of the company’s stock valued at $54,134,000 after purchasing an additional 126,180 shares during the period. Finally, CX Institutional grew its holdings in Invesco S&P 500 Revenue ETF by 108.1% in the 3rd quarter. CX Institutional now owns 189,765 shares of the company’s stock valued at $24,419,000 after buying an additional 98,567 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Down 0.3%

RWL traded down $0.40 during midday trading on Wednesday, reaching $132.72. The company’s stock had a trading volume of 111,492 shares, compared to its average volume of 265,177. The stock has a market cap of $10.05 billion, a P/E ratio of 18.14 and a beta of 0.86. The company has a fifty day simple moving average of $132.96 and a 200 day simple moving average of $128.09. Invesco S&P 500 Revenue ETF has a twelve month low of $109.26 and a twelve month high of $135.88.

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.