E&G Advisors LP Boosts Stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

E&G Advisors LP grew its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 65.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 8,509 shares of the company’s stock after buying an additional 3,369 shares during the period. E&G Advisors LP’s holdings in Invesco S&P 500 Revenue ETF were worth $834,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Comerica Bank grew its position in Invesco S&P 500 Revenue ETF by 1.0% in the 1st quarter. Comerica Bank now owns 11,660 shares of the company’s stock valued at $1,093,000 after acquiring an additional 111 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Revenue ETF by 1.0% in the second quarter. Concurrent Investment Advisors LLC now owns 12,323 shares of the company’s stock worth $1,141,000 after purchasing an additional 118 shares during the last quarter. GSA Capital Partners LLP increased its stake in Invesco S&P 500 Revenue ETF by 3.4% in the 1st quarter. GSA Capital Partners LLP now owns 5,340 shares of the company’s stock worth $501,000 after buying an additional 178 shares during the period. Perennial Investment Advisors LLC lifted its holdings in Invesco S&P 500 Revenue ETF by 0.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 39,592 shares of the company’s stock valued at $3,667,000 after buying an additional 189 shares in the last quarter. Finally, Consolidated Portfolio Review Corp boosted its position in Invesco S&P 500 Revenue ETF by 0.9% in the 1st quarter. Consolidated Portfolio Review Corp now owns 26,921 shares of the company’s stock valued at $2,523,000 after buying an additional 247 shares during the period.

Invesco S&P 500 Revenue ETF Stock Performance

Shares of NYSEARCA:RWL opened at $99.57 on Friday. The firm’s 50 day simple moving average is $96.82 and its 200-day simple moving average is $93.94. Invesco S&P 500 Revenue ETF has a one year low of $74.60 and a one year high of $100.07. The firm has a market cap of $3.38 billion, a PE 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.