Kelman Lazarov Inc. Purchases 412 Shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL)

Kelman Lazarov Inc. grew its stake in Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,659 shares of the company’s stock after acquiring an additional 412 shares during the period. Invesco S&P 500 Revenue ETF accounts for about 0.6% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 28th biggest position. Kelman Lazarov Inc. owned approximately 0.10% of Invesco S&P 500 Revenue ETF worth $3,296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of RWL. JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Revenue ETF by 31.6% during 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. FMR LLC raised its holdings in Invesco S&P 500 Revenue ETF by 19.2% in the 3rd quarter. FMR LLC now owns 4,749 shares of the company’s stock valued at $466,000 after buying an additional 764 shares during the last quarter. Principal Securities Inc. raised its holdings in Invesco S&P 500 Revenue ETF by 21.6% during the 4th quarter. Principal Securities Inc. now owns 2,244 shares of the company’s stock worth $220,000 after purchasing an additional 399 shares during the last quarter. Corient Private Wealth LLC grew its position in Invesco S&P 500 Revenue ETF by 41.2% in the 4th quarter. Corient Private Wealth LLC now owns 3,320 shares of the company’s stock valued at $325,000 after purchasing an additional 968 shares during the period. Finally, Truist Financial Corp grew its position in Invesco S&P 500 Revenue ETF by 3.2% in the 4th quarter. Truist Financial Corp now owns 30,208 shares of the company’s stock valued at $2,958,000 after purchasing an additional 927 shares during the period.

Invesco S&P 500 Revenue ETF Price Performance

NYSEARCA RWL opened at $95.29 on Thursday. Invesco S&P 500 Revenue ETF has a one year low of $86.97 and a one year high of $104.39. The business’s fifty day moving average is $99.84 and its 200-day moving average is $100.10. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 18.99 and a beta of 0.97.

Invesco S&P 500 Revenue ETF Increases Dividend

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

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.