Invesco S&P 500 Revenue ETF $RWL Shares Acquired by Colonial River Investments LLC

Colonial River Investments LLC increased its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 4.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 102,998 shares of the company’s stock after acquiring an additional 4,793 shares during the quarter. Invesco S&P 500 Revenue ETF accounts for 4.2% of Colonial River Investments LLC’s portfolio, making the stock its 4th biggest position. Colonial River Investments LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $11,793,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. GoalVest Advisory LLC lifted its stake in Invesco S&P 500 Revenue ETF by 355.1% during the 4th quarter. GoalVest Advisory LLC now owns 223 shares of the company’s stock valued at $26,000 after acquiring an additional 174 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new position in Invesco S&P 500 Revenue ETF during the 4th quarter worth $26,000. Tortoise Investment Management LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter worth $39,000. Root Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Revenue ETF in the 3rd quarter worth $62,000. Finally, Avion Wealth purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the fourth quarter valued at about $88,000.

Invesco S&P 500 Revenue ETF Price Performance

RWL opened at $124.39 on Monday. The company’s 50-day moving average is $118.60 and its 200 day moving average is $116.61. Invesco S&P 500 Revenue ETF has a fifty-two week low of $98.36 and a fifty-two week high of $124.53. The firm has a market capitalization of $8.81 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.