Independent Advisor Alliance Makes New Investment in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Independent Advisor Alliance acquired a new stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 221,285 shares of the company’s stock, valued at approximately $21,668,000. Independent Advisor Alliance owned approximately 0.65% of Invesco S&P 500 Revenue ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Atria Investments Inc lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 85.4% in the 3rd quarter. Atria Investments Inc now owns 21,149 shares of the company’s stock valued at $2,074,000 after acquiring an additional 9,744 shares during the last quarter. Legacy Capital Wealth Partners LLC lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 27.7% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 114,415 shares of the company’s stock valued at $10,766,000 after acquiring an additional 24,800 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 3.0% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,586 shares of the company’s stock valued at $2,902,000 after acquiring an additional 868 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 2.5% in the 3rd quarter. Harbour Investments Inc. now owns 94,545 shares of the company’s stock valued at $9,272,000 after acquiring an additional 2,262 shares during the last quarter. Finally, Kovack Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 4.5% in the 3rd quarter. Kovack Advisors Inc. now owns 17,429 shares of the company’s stock valued at $1,709,000 after acquiring an additional 747 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Up 0.6 %

Shares of NYSEARCA:RWL opened at $100.63 on Monday. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 19.50 and a beta of 0.97. Invesco S&P 500 Revenue ETF has a 12 month low of $89.14 and a 12 month high of $104.39. The company has a 50-day moving average price of $101.44 and a 200 day moving average price of $99.99.

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.