Royal Bank of Canada Purchases 13,869 Shares of Invesco S&P 500 Revenue ETF $RWL

Royal Bank of Canada lifted its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 10.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,054 shares of the company’s stock after buying an additional 13,869 shares during the period. Royal Bank of Canada’s holdings in Invesco S&P 500 Revenue ETF were worth $17,473,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Invesco Ltd. raised its position in Invesco S&P 500 Revenue ETF by 12.2% in the 3rd quarter. Invesco Ltd. now owns 9,176,334 shares of the company’s stock valued at $1,015,453,000 after buying an additional 999,935 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Revenue ETF by 16.8% in the 4th quarter. LPL Financial LLC now owns 5,870,899 shares of the company’s stock valued at $672,218,000 after acquiring an additional 843,089 shares in the last quarter. Morgan Stanley boosted its position in Invesco S&P 500 Revenue ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 3,154,989 shares of the company’s stock worth $361,246,000 after acquiring an additional 72,972 shares during the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 Revenue ETF by 9.1% during the 3rd quarter. Bank of America Corp DE now owns 2,193,550 shares of the company’s stock worth $242,738,000 after acquiring an additional 182,412 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Invesco S&P 500 Revenue ETF by 71.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,690,687 shares of the company’s stock worth $194,277,000 after acquiring an additional 705,554 shares in the last quarter.

Invesco S&P 500 Revenue ETF Stock Down 0.2%

Shares of RWL opened at $133.62 on Friday. Invesco S&P 500 Revenue ETF has a twelve month low of $103.11 and a twelve month high of $134.78. The stock has a market capitalization of $9.83 billion, a P/E ratio of 18.14 and a beta of 0.85. The company has a 50 day moving average of $129.32 and a 200-day moving average of $123.21.

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.