142,675 Shares in Invesco S&P 500 Revenue ETF $RWL Acquired by Blue Water Asset Management

Blue Water Asset Management acquired a new position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 142,675 shares of the company’s stock, valued at approximately $16,336,000. Invesco S&P 500 Revenue ETF makes up about 5.9% of Blue Water Asset Management’s holdings, making the stock its 7th largest holding. Blue Water Asset Management owned about 0.22% of Invesco S&P 500 Revenue ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Kraft Davis & Associates LLC raised its stake in Invesco S&P 500 Revenue ETF by 6.7% in the fourth quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock worth $11,640,000 after buying an additional 6,235 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $251,111,000. Flaharty Asset Management LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the third quarter worth $591,000. Allworth Financial LP increased its position in shares of 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 purchasing an additional 32,997 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in shares of Invesco S&P 500 Revenue ETF by 9.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 138,880 shares of the company’s stock worth $15,902,000 after purchasing an additional 12,488 shares in the last quarter.

Invesco S&P 500 Revenue ETF Trading Down 0.9%

Shares of RWL stock opened at $124.41 on Friday. The business’s fifty day simple moving average is $119.10 and its 200-day simple moving average is $117.12. The company has a market cap of $8.81 billion, a PE ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 12-month low of $98.79 and a 12-month high of $125.92.

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.