Baird Financial Group Inc. Buys Shares of 8,454 Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Baird Financial Group Inc. bought a new stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the 4th quarter, Holdings Channel reports. The fund bought 8,454 shares of the company’s stock, valued at approximately $828,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Signature Estate & Investment Advisors LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 5.6% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 3,078 shares of the company’s stock worth $301,000 after purchasing an additional 162 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 3.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 7,723 shares of the company’s stock worth $756,000 after purchasing an additional 238 shares during the period. Perennial Investment Advisors LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 0.7% during the fourth quarter. Perennial Investment Advisors LLC now owns 41,031 shares of the company’s stock worth $4,018,000 after purchasing an additional 265 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 5.8% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 5,155 shares of the company’s stock worth $505,000 after purchasing an additional 282 shares during the period. Finally, Tcfg Wealth Management LLC raised its position in Invesco S&P 500 Revenue ETF by 6.9% in the 4th quarter. Tcfg Wealth Management LLC now owns 4,645 shares of the company’s stock valued at $455,000 after buying an additional 300 shares during the last quarter.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of Invesco S&P 500 Revenue ETF stock opened at $100.48 on Thursday. The business’s 50 day simple moving average is $96.97 and its 200 day simple moving average is $99.78. Invesco S&P 500 Revenue ETF has a 52-week low of $86.97 and a 52-week high of $104.39. The firm has a market cap of $5.40 billion, a PE ratio of 18.62 and a beta of 0.93.

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.