Invesco S&P 500 Revenue ETF $RWL Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 235.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 334,486 shares of the company’s stock after purchasing an additional 234,732 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $38,299,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Kraft Davis & Associates LLC raised its stake in Invesco S&P 500 Revenue ETF by 6.7% during the fourth quarter. Kraft Davis & Associates LLC now owns 98,730 shares of the company’s stock valued at $11,640,000 after buying an additional 6,235 shares in the last quarter. Truist Financial Corp grew its position in shares of Invesco S&P 500 Revenue ETF by 58.5% in the 4th quarter. Truist Financial Corp now owns 46,346 shares of the company’s stock worth $5,307,000 after acquiring an additional 17,113 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Invesco S&P 500 Revenue ETF by 9.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 138,880 shares of the company’s stock worth $15,902,000 after acquiring an additional 12,488 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Revenue ETF by 10.7% in the 4th quarter. AE Wealth Management LLC now owns 43,769 shares of the company’s stock valued at $5,012,000 after acquiring an additional 4,215 shares during the last quarter. Finally, Kozak & Associates Inc. increased its holdings in shares of Invesco S&P 500 Revenue ETF by 0.8% in the 4th quarter. Kozak & Associates Inc. now owns 575,024 shares of the company’s stock valued at $67,887,000 after acquiring an additional 4,391 shares during the last quarter.

Invesco S&P 500 Revenue ETF Trading Down 0.0%

RWL stock opened at $127.31 on Friday. The firm has a market cap of $9.01 billion, a P/E ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a 12-month low of $101.18 and a 12-month high of $130.00. The stock’s 50 day simple moving average is $124.49 and its 200 day simple moving average is $119.66.

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.