Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 468.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,441,023 shares of the company’s stock after acquiring an additional 1,187,743 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.20% of Invesco S&P 500 Revenue ETF worth $164,997,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of RWL. GoalVest Advisory LLC raised its position in shares of 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 worth $26,000 after purchasing an additional 174 shares during the period. Capital Investment Advisory Services LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth approximately $26,000. Tortoise Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $39,000. Root Financial Partners LLC acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth approximately $62,000. Finally, Avion Wealth acquired a new stake in shares of Invesco S&P 500 Revenue ETF during the 4th quarter worth approximately $88,000.
Invesco S&P 500 Revenue ETF Trading Down 0.9%
Shares of Invesco S&P 500 Revenue ETF stock opened at $124.41 on Friday. The business’s 50 day simple moving average is $119.10 and its 200-day simple moving average is $117.12. The stock has a market capitalization of $8.81 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. Invesco S&P 500 Revenue ETF has a twelve month low of $98.79 and a twelve month high of $125.92.
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.
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