Simplicity Wealth LLC Has $1.78 Million Stock Holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Simplicity Wealth LLC raised its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 21.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,866 shares of the company’s stock after buying an additional 3,213 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $1,775,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in Invesco S&P 500 Revenue ETF by 15.4% in the fourth quarter. LPL Financial LLC now owns 3,997,747 shares of the company’s stock valued at $391,459,000 after buying an additional 532,794 shares during the period. Ameriprise Financial Inc. lifted its stake in Invesco S&P 500 Revenue ETF by 0.6% in the fourth quarter. Ameriprise Financial Inc. now owns 3,231,920 shares of the company’s stock valued at $316,474,000 after buying an additional 20,551 shares during the period. Bank of America Corp DE lifted its stake in Invesco S&P 500 Revenue ETF by 4.9% in the fourth quarter. Bank of America Corp DE now owns 1,956,141 shares of the company’s stock valued at $191,545,000 after buying an additional 92,221 shares during the period. Invesco Ltd. acquired a new position in Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $119,981,000. Finally, Wells Fargo & Company MN lifted its stake in Invesco S&P 500 Revenue ETF by 6.0% in the fourth quarter. Wells Fargo & Company MN now owns 554,834 shares of the company’s stock valued at $54,329,000 after buying an additional 31,271 shares during the period.

Invesco S&P 500 Revenue ETF Trading Up 0.6%

NYSEARCA:RWL opened at $102.28 on Wednesday. Invesco S&P 500 Revenue ETF has a 1-year low of $86.97 and a 1-year high of $104.39. The business’s 50-day moving average price is $97.67 and its two-hundred day moving average price is $99.86. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 18.62 and a beta of 0.93.

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.