Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) Shares Bought by ERn Financial LLC

ERn Financial LLC grew its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 398,974 shares of the company’s stock after acquiring an additional 2,425 shares during the period. Invesco S&P 500 Revenue ETF accounts for 5.9% of ERn Financial LLC’s investment portfolio, making the stock its 2nd biggest holding. ERn Financial LLC owned 1.18% of Invesco S&P 500 Revenue ETF worth $39,067,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. LPL Financial LLC raised its position in Invesco S&P 500 Revenue ETF by 17.0% during the third quarter. LPL Financial LLC now owns 3,464,953 shares of the company’s stock valued at $339,808,000 after acquiring an additional 502,496 shares in the last quarter. Stewardship Advisors LLC acquired a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter worth $18,730,000. Fermata Advisors LLC bought a new position in shares of Invesco S&P 500 Revenue ETF during the 3rd quarter valued at $9,025,000. Kozak & Associates Inc. lifted its stake in shares of Invesco S&P 500 Revenue ETF by 14.9% in the 4th quarter. Kozak & Associates Inc. now owns 549,917 shares of the company’s stock valued at $54,381,000 after purchasing an additional 71,350 shares during the last quarter. Finally, Fusion Family Wealth LLC boosted its holdings in Invesco S&P 500 Revenue ETF by 4.1% in the third quarter. Fusion Family Wealth LLC now owns 1,415,712 shares of the company’s stock worth $138,839,000 after purchasing an additional 55,620 shares in the last quarter.

Invesco S&P 500 Revenue ETF Price Performance

NYSEARCA RWL opened at $100.50 on Thursday. Invesco S&P 500 Revenue ETF has a fifty-two week low of $83.66 and a fifty-two week high of $104.39. The stock’s 50-day moving average is $100.93 and its two-hundred day moving average is $97.71. The firm has a market cap of $3.41 billion, a P/E ratio of 18.52 and a beta of 0.73.

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.