Denver Wealth Management Inc. boosted its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL – Free Report) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,604 shares of the company’s stock after buying an additional 5,427 shares during the quarter. Invesco S&P 500 Revenue ETF makes up about 6.5% of Denver Wealth Management Inc.’s holdings, making the stock its 3rd biggest position. Denver Wealth Management Inc. owned approximately 0.24% of Invesco S&P 500 Revenue ETF worth $18,275,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the 1st quarter valued at $683,000. Qube Research & Technologies Ltd grew its stake in Invesco S&P 500 Revenue ETF by 36.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 8,424 shares of the company’s stock valued at $879,000 after buying an additional 2,267 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco S&P 500 Revenue ETF by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 2,011,138 shares of the company’s stock valued at $209,742,000 after buying an additional 18,686 shares during the last quarter. Great Valley Advisor Group Inc. grew its stake in Invesco S&P 500 Revenue ETF by 1.0% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 12,628 shares of the company’s stock valued at $1,317,000 after buying an additional 125 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in Invesco S&P 500 Revenue ETF by 42.4% in the 2nd quarter. MML Investors Services LLC now owns 181,317 shares of the company’s stock valued at $18,910,000 after buying an additional 53,968 shares during the last quarter.
Invesco S&P 500 Revenue ETF Price Performance
NYSEARCA RWL opened at $128.91 on Friday. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 18.14 and a beta of 0.86. The company’s fifty day moving average is $123.49 and its two-hundred day moving average is $119.20. Invesco S&P 500 Revenue ETF has a 52-week low of $101.18 and a 52-week high of $129.10.
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.
Featured Stories
- Five stocks we like better than Invesco S&P 500 Revenue ETF
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for Invesco S&P 500 Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
