Comerica Bank Lowers Stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Comerica Bank cut its position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,024 shares of the company’s stock after selling 1,485 shares during the period. Comerica Bank’s holdings in Invesco S&P 500 Revenue ETF were worth $786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of RWL. JPMorgan Chase & Co. increased its position in Invesco S&P 500 Revenue ETF by 31.6% in the third quarter. JPMorgan Chase & Co. now owns 84,729 shares of the company’s stock worth $8,309,000 after purchasing an additional 20,321 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in shares of Invesco S&P 500 Revenue ETF by 9.2% in the 4th quarter. AdvisorNet Financial Inc now owns 34,956 shares of the company’s stock valued at $3,423,000 after purchasing an additional 2,948 shares during the last quarter. ERn Financial LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF by 0.6% in the 4th quarter. ERn Financial LLC now owns 398,974 shares of the company’s stock worth $39,067,000 after purchasing an additional 2,425 shares during the period. Fermata Advisors LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 14.8% during the 4th quarter. Fermata Advisors LLC now owns 105,635 shares of the company’s stock valued at $10,344,000 after purchasing an additional 13,610 shares during the last quarter. Finally, KMG Fiduciary Partners LLC boosted its stake in Invesco S&P 500 Revenue ETF by 10.2% during the fourth quarter. KMG Fiduciary Partners LLC now owns 9,458 shares of the company’s stock worth $926,000 after buying an additional 879 shares during the period.

Invesco S&P 500 Revenue ETF Stock Down 0.1%

RWL stock opened at $100.84 on Wednesday. The firm’s fifty day simple moving average is $96.98 and its two-hundred day simple moving average is $99.78. The stock has a market capitalization of $5.42 billion, a price-to-earnings ratio of 18.62 and a beta of 0.93. Invesco S&P 500 Revenue ETF has a twelve month low of $86.97 and a twelve month 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.