Invesco S&P 500 Revenue ETF $RWL Shares Bought by Tanglewood Legacy Advisors LLC

Tanglewood Legacy Advisors LLC grew its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 284,639 shares of the company’s stock after acquiring an additional 11,399 shares during the period. Invesco S&P 500 Revenue ETF makes up approximately 11.8% of Tanglewood Legacy Advisors LLC’s portfolio, making the stock its 3rd largest position. Tanglewood Legacy Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $32,708,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in RWL. Invesco Ltd. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after purchasing an additional 999,935 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Invesco S&P 500 Revenue ETF by 16.8% in the fourth quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock valued at $672,218,000 after purchasing an additional 843,089 shares during the period. Morgan Stanley boosted its holdings in Invesco S&P 500 Revenue ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 3,154,989 shares of the company’s stock worth $361,246,000 after buying an additional 72,972 shares in the last quarter. Allworth Financial LP boosted its holdings in Invesco S&P 500 Revenue ETF by 1.5% during the third quarter. Allworth Financial LP now owns 2,284,609 shares of the company’s stock worth $252,815,000 after buying an additional 32,997 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Invesco S&P 500 Revenue ETF by 9.1% during the third quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock worth $242,738,000 after buying an additional 182,412 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of RWL opened at $129.42 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $101.80 and a twelve month high of $130.00. The firm has a market capitalization of $9.35 billion, a P/E ratio of 18.14 and a beta of 0.85. The firm’s 50-day moving average is $126.18 and its two-hundred day moving average is $120.66.

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.