Sonoma Allocations LLC lowered its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 5.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,079 shares of the company’s stock after selling 5,658 shares during the period. Invesco S&P 500 Revenue ETF comprises 3.9% of Sonoma Allocations LLC’s portfolio, making the stock its 7th largest holding. Sonoma Allocations LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $11,284,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of RWL. Stephens Inc. AR lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 4.4% during the 4th quarter. Stephens Inc. AR now owns 2,232 shares of the company’s stock worth $256,000 after acquiring an additional 94 shares during the period. PNC Financial Services Group Inc. increased its stake in Invesco S&P 500 Revenue ETF by 17.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 760 shares of the company’s stock valued at $87,000 after acquiring an additional 115 shares during the period. Savant Capital LLC raised its position in Invesco S&P 500 Revenue ETF by 3.0% in the fourth quarter. Savant Capital LLC now owns 4,315 shares of the company’s stock worth $494,000 after purchasing an additional 124 shares in the last quarter. Great Valley Advisor Group Inc. raised its position in Invesco S&P 500 Revenue ETF by 1.0% in the second quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock worth $1,317,000 after purchasing an additional 125 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Invesco S&P 500 Revenue ETF by 2.3% during the fourth quarter. HighTower Advisors LLC now owns 6,649 shares of the company’s stock worth $761,000 after purchasing an additional 147 shares during the period.
Invesco S&P 500 Revenue ETF Stock Up 0.0%
Shares of RWL opened at $131.10 on Friday. The company has a 50-day moving average price of $128.64 and a two-hundred day moving average price of $122.68. The stock has a market cap of $9.59 billion, a price-to-earnings ratio of 18.14 and a beta of 0.85. Invesco S&P 500 Revenue ETF has a 12 month low of $101.80 and a 12 month high of $132.56.
About Invesco S&P 500 Revenue ETF
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.
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