UBS Group AG Increases Holdings in Invesco S&P 500 Revenue ETF $RWL

UBS Group AG increased its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 11.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 541,369 shares of the company’s stock after buying an additional 54,719 shares during the quarter. UBS Group AG’s holdings in Invesco S&P 500 Revenue ETF were worth $61,987,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in RWL. GoalVest Advisory LLC grew its position in shares of Invesco S&P 500 Revenue ETF by 355.1% in the fourth quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC bought a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter valued at approximately $26,000. Tortoise Investment Management LLC purchased a new position in Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $39,000. Root Financial Partners LLC purchased a new position in Invesco S&P 500 Revenue ETF during the third quarter valued at approximately $62,000. Finally, Avion Wealth purchased a new position in Invesco S&P 500 Revenue ETF during the fourth quarter valued at approximately $88,000.

Invesco S&P 500 Revenue ETF Price Performance

NYSEARCA RWL opened at $122.85 on Tuesday. Invesco S&P 500 Revenue ETF has a 1 year low of $97.46 and a 1 year high of $124.41. The stock has a market capitalization of $8.70 billion, a PE ratio of 18.14 and a beta of 0.86. The company’s 50 day simple moving average is $118.38 and its two-hundred day simple moving average is $116.33.

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.