Cadent Capital Advisors LLC lessened its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 21.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 136,309 shares of the company’s stock after selling 37,007 shares during the quarter. Invesco S&P 500 Revenue ETF makes up about 3.8% of Cadent Capital Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Cadent Capital Advisors LLC owned 0.18% of Invesco S&P 500 Revenue ETF worth $17,540,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Key Client Fiduciary Advisors LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 0.4% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 21,362 shares of the company’s stock worth $2,729,000 after purchasing an additional 78 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Invesco S&P 500 Revenue ETF by 13.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,219 shares of the company’s stock valued at $156,000 after acquiring an additional 142 shares during the last quarter. USAdvisors Wealth Management LLC lifted its position in shares of Invesco S&P 500 Revenue ETF by 7.6% in the first quarter. USAdvisors Wealth Management LLC now owns 2,658 shares of the company’s stock valued at $299,000 after acquiring an additional 188 shares in the last quarter. RVW Wealth LLC boosted its stake in shares of Invesco S&P 500 Revenue ETF by 0.5% in the second quarter. RVW Wealth LLC now owns 42,754 shares of the company’s stock worth $5,462,000 after acquiring an additional 206 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its position in shares of Invesco S&P 500 Revenue ETF by 0.6% during the first quarter. AdvisorNet Financial Inc now owns 42,232 shares of the company’s stock worth $4,853,000 after purchasing an additional 269 shares in the last quarter.
Invesco S&P 500 Revenue ETF Price Performance
NYSEARCA RWL traded up $0.41 during mid-day trading on Friday, hitting $132.32. The stock had a trading volume of 76,122 shares, compared to its average volume of 265,681. The firm’s 50 day moving average is $132.96 and its 200 day moving average is $127.71. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a twelve month low of $108.43 and a twelve month high of $135.88.
Invesco S&P 500 Revenue ETF Company 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.
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