Invesco S&P 500 Revenue ETF $RWL Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC cut its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 21.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 136,309 shares of the company’s stock after selling 37,007 shares during the period. Invesco S&P 500 Revenue ETF accounts for 3.8% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Cadent Capital Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $17,540,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. CoreCap Advisors LLC increased its holdings in Invesco S&P 500 Revenue ETF by 1,661.8% in the third quarter. CoreCap Advisors LLC now owns 599 shares of the company’s stock valued at $77,000 after buying an additional 565 shares during the last quarter. Assetmark Inc. raised its position in shares of Invesco S&P 500 Revenue ETF by 100.6% during the 1st quarter. Assetmark Inc. now owns 953 shares of the company’s stock worth $110,000 after acquiring an additional 478 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in 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 worth $156,000 after purchasing an additional 142 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Invesco S&P 500 Revenue ETF by 102.8% in the first quarter. PNC Financial Services Group Inc. now owns 1,541 shares of the company’s stock valued at $177,000 after purchasing an additional 781 shares in the last quarter. Finally, Zhang Financial LLC acquired a new position in Invesco S&P 500 Revenue ETF in the first quarter valued at approximately $200,000.

Invesco S&P 500 Revenue ETF Price Performance

Shares of NYSEARCA:RWL traded up $0.41 during trading on Friday, hitting $132.32. 76,122 shares of the company were exchanged, compared to its average volume of 265,681. The firm’s 50 day moving average price is $132.96 and its 200-day moving average price is $127.71. Invesco S&P 500 Revenue ETF has a 12-month low of $108.43 and a 12-month high of $135.88. The stock has a market capitalization of $9.97 billion, a P/E ratio of 18.14 and a beta of 0.86.

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.