Fisher Asset Management LLC Invests $211,000 in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Fisher Asset Management LLC purchased a new position in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) during the fourth quarter, HoldingsChannel reports. The firm purchased 2,471 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds also recently modified their holdings of RWL. Stifel Financial Corp lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 538.1% during the fourth quarter. Stifel Financial Corp now owns 150,425 shares of the company’s stock worth $12,837,000 after purchasing an additional 126,850 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 Revenue ETF by 214.8% during the third quarter. Envestnet Asset Management Inc. now owns 146,406 shares of the company’s stock worth $11,440,000 after purchasing an additional 99,905 shares during the period. Ameriprise Financial Inc. lifted its holdings in Invesco S&P 500 Revenue ETF by 8.1% in the third quarter. Ameriprise Financial Inc. now owns 1,301,279 shares of the company’s stock valued at $101,668,000 after buying an additional 97,713 shares during the period. Kozak & Associates Inc. lifted its holdings in Invesco S&P 500 Revenue ETF by 37.7% in the fourth quarter. Kozak & Associates Inc. now owns 341,701 shares of the company’s stock valued at $28,915,000 after buying an additional 93,480 shares during the period. Finally, UBS Group AG lifted its holdings in Invesco S&P 500 Revenue ETF by 19.8% in the fourth quarter. UBS Group AG now owns 528,129 shares of the company’s stock valued at $45,071,000 after buying an additional 87,418 shares during the period.

Invesco S&P 500 Revenue ETF Stock Down 0.6 %

RWL stock opened at $92.62 on Wednesday. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 18.52 and a beta of 0.73. Invesco S&P 500 Revenue ETF has a 12-month low of $74.60 and a 12-month high of $93.98. The company’s fifty day simple moving average is $91.78 and its 200 day simple moving average is $89.48.

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.