Perennial Investment Advisors LLC Has $4.02 Million Stock Position in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Perennial Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,031 shares of the company’s stock after acquiring an additional 265 shares during the period. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 Revenue ETF were worth $4,018,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Invesco S&P 500 Revenue ETF by 15.4% during the fourth quarter. LPL Financial LLC now owns 3,997,747 shares of the company’s stock worth $391,459,000 after purchasing an additional 532,794 shares during the period. Fusion Family Wealth LLC increased its stake in Invesco S&P 500 Revenue ETF by 3.7% during the 4th quarter. Fusion Family Wealth LLC now owns 1,467,672 shares of the company’s stock worth $143,714,000 after purchasing an additional 51,960 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Invesco S&P 500 Revenue ETF by 6.0% during the 4th quarter. Wells Fargo & Company MN now owns 554,834 shares of the company’s stock worth $54,329,000 after buying an additional 31,271 shares during the period. Kozak & Associates Inc. lifted its stake in Invesco S&P 500 Revenue ETF by 14.9% in the fourth quarter. Kozak & Associates Inc. now owns 549,917 shares of the company’s stock valued at $54,381,000 after buying an additional 71,350 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Revenue ETF in the fourth quarter valued at approximately $52,704,000.

Invesco S&P 500 Revenue ETF Stock Down 5.3 %

Shares of RWL stock opened at $91.01 on Friday. Invesco S&P 500 Revenue ETF has a 12-month low of $89.14 and a 12-month high of $104.39. The firm has a fifty day moving average of $100.98 and a 200-day moving average of $100.30. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 18.99 and a beta of 0.97.

Invesco S&P 500 Revenue ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.3904 dividend. This is an increase from Invesco S&P 500 Revenue ETF’s previous dividend of $0.33. The ex-dividend date was Monday, March 24th.

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.