Avantax Advisory Services Inc. Increases Position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Avantax Advisory Services Inc. raised its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,900 shares of the company’s stock after buying an additional 14,760 shares during the period. Avantax Advisory Services Inc. owned about 0.45% of Invesco S&P 500 Revenue ETF worth $15,070,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Atria Investments Inc boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 85.4% in the third quarter. Atria Investments Inc now owns 21,149 shares of the company’s stock valued at $2,074,000 after purchasing an additional 9,744 shares during the period. Kovack Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 4.5% in the third quarter. Kovack Advisors Inc. now owns 17,429 shares of the company’s stock valued at $1,709,000 after purchasing an additional 747 shares during the period. Huntington National Bank boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 8.1% in the third quarter. Huntington National Bank now owns 1,672 shares of the company’s stock valued at $164,000 after purchasing an additional 125 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of Invesco S&P 500 Revenue ETF in the third quarter valued at approximately $65,000. Finally, Prospera Financial Services Inc boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 4.2% in the third quarter. Prospera Financial Services Inc now owns 14,438 shares of the company’s stock valued at $1,416,000 after purchasing an additional 584 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA RWL opened at $97.57 on Thursday. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 18.80 and a beta of 0.97. The stock has a 50 day moving average price of $101.45 and a 200 day moving average price of $100.01. Invesco S&P 500 Revenue ETF has a 52-week low of $89.14 and a 52-week high of $104.39.

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.