Firethorn Wealth Partners LLC Sells 5,599 Shares of Invesco S&P 500 Revenue ETF $RWL

Firethorn Wealth Partners LLC decreased its holdings in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 17.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 26,663 shares of the company’s stock after selling 5,599 shares during the period. Invesco S&P 500 Revenue ETF makes up 1.1% of Firethorn Wealth Partners LLC’s portfolio, making the stock its 21st biggest position. Firethorn Wealth Partners LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $3,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of Invesco S&P 500 Revenue ETF by 0.3% in the 1st quarter. Bank of America Corp DE now owns 2,194,937 shares of the company’s stock valued at $252,220,000 after purchasing an additional 5,552 shares in the last quarter. Bank of New York Mellon Corp increased its position 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 purchasing an additional 705,554 shares in the last quarter. Fusion Family Wealth LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 3.0% during the 1st quarter. Fusion Family Wealth LLC now owns 1,677,074 shares of the company’s stock worth $192,713,000 after purchasing an additional 48,750 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P 500 Revenue ETF by 25.5% during the 1st quarter. Cetera Investment Advisers now owns 1,091,140 shares of the company’s stock worth $125,383,000 after purchasing an additional 221,983 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco S&P 500 Revenue ETF by 42.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 423,720 shares of the company’s stock valued at $54,134,000 after purchasing an additional 126,180 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Down 0.3%

RWL stock traded down $0.40 during trading on Wednesday, hitting $132.72. 111,492 shares of the stock traded hands, compared to its average volume of 265,177. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a one year low of $109.26 and a one year high of $135.88. The company has a 50 day simple moving average of $132.96 and a 200 day simple moving average of $128.09.

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.