Envestnet Portfolio Solutions Inc. Cuts Stock Position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Envestnet Portfolio Solutions Inc. lessened its position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 27.6% during the first quarter, Holdings Channel reports. The institutional investor owned 7,356 shares of the company’s stock after selling 2,809 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco S&P 500 Revenue ETF were worth $731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Main Street Group LTD lifted its holdings in Invesco S&P 500 Revenue ETF by 3.8% during the 4th quarter. Main Street Group LTD now owns 3,131 shares of the company’s stock worth $307,000 after purchasing an additional 114 shares in the last quarter. Key Client Fiduciary Advisors LLC raised its holdings in shares of Invesco S&P 500 Revenue ETF by 0.7% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 18,765 shares of the company’s stock valued at $1,864,000 after buying an additional 134 shares in the last quarter. Obermeyer Wealth Partners raised its holdings in shares of Invesco S&P 500 Revenue ETF by 2.0% during the 4th quarter. Obermeyer Wealth Partners now owns 7,510 shares of the company’s stock valued at $735,000 after buying an additional 148 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted its position in Invesco S&P 500 Revenue ETF by 5.6% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 3,078 shares of the company’s stock valued at $301,000 after purchasing an additional 162 shares during the last quarter. Finally, Perennial Investment Advisors LLC increased its stake in shares of Invesco S&P 500 Revenue ETF by 0.7% during the fourth quarter. Perennial Investment Advisors LLC now owns 41,031 shares of the company’s stock valued at $4,018,000 after buying an additional 265 shares during the period.

Invesco S&P 500 Revenue ETF Stock Down 0.5%

NYSEARCA RWL opened at $102.50 on Thursday. Invesco S&P 500 Revenue ETF has a twelve month low of $86.97 and a twelve month high of $104.39. The firm has a market capitalization of $5.66 billion, a PE ratio of 17.99 and a beta of 0.92. The stock’s 50 day moving average is $99.70 and its 200 day moving average is $99.77.

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.