Kraft Davis & Associates LLC Buys 4,326 Shares of Invesco S&P 500 Revenue ETF $RWL

Kraft Davis & Associates LLC increased its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 5.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,476 shares of the company’s stock after purchasing an additional 4,326 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for 2.4% of Kraft Davis & Associates LLC’s portfolio, making the stock its 13th largest position. Kraft Davis & Associates LLC owned about 0.12% of Invesco S&P 500 Revenue ETF worth $11,572,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the 1st quarter valued at $683,000. Qube Research & Technologies Ltd boosted its stake in shares of Invesco S&P 500 Revenue ETF by 36.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,424 shares of the company’s stock worth $879,000 after buying an additional 2,267 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 Revenue ETF by 0.9% in the second quarter. Bank of America Corp DE now owns 2,011,138 shares of the company’s stock worth $209,742,000 after acquiring an additional 18,686 shares during the period. Great Valley Advisor Group Inc. grew its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% in the second quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after acquiring an additional 125 shares during the period. Finally, MML Investors Services LLC increased its position in Invesco S&P 500 Revenue ETF by 42.4% during the second quarter. MML Investors Services LLC now owns 181,317 shares of the company’s stock valued at $18,910,000 after acquiring an additional 53,968 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

RWL stock opened at $134.76 on Tuesday. Invesco S&P 500 Revenue ETF has a fifty-two week low of $104.11 and a fifty-two week high of $134.79. The business’s 50-day moving average is $129.60 and its two-hundred day moving average is $123.45. The company has a market cap of $9.91 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85.

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.