Avantax Advisory Services Inc. Reduces Position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Avantax Advisory Services Inc. lessened its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,900 shares of the company’s stock after selling 539 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.28% of Invesco S&P Ultra Dividend Revenue ETF worth $2,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Heartwood Wealth Advisors LLC boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.8% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 708,949 shares of the company’s stock worth $34,207,000 after acquiring an additional 5,309 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth $11,960,000. Private Advisor Group LLC boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 3.6% during the 4th quarter. Private Advisor Group LLC now owns 201,983 shares of the company’s stock worth $9,746,000 after acquiring an additional 7,024 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 104,138 shares of the company’s stock worth $5,200,000 after acquiring an additional 1,650 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 13.3% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 101,720 shares of the company’s stock worth $4,908,000 after acquiring an additional 11,977 shares during the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $48.30 on Monday. The company’s fifty day simple moving average is $49.19 and its 200-day simple moving average is $49.74. The stock has a market capitalization of $788.74 million, a PE ratio of 15.17 and a beta of 1.13. Invesco S&P Ultra Dividend Revenue ETF has a 1-year low of $42.51 and a 1-year high of $53.02.

Invesco S&P Ultra Dividend Revenue ETF Profile

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is an exchange-traded fund that is based on the S&P 900 Dividend Revenue-Weighted index. The fund selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue. RDIV was launched on Oct 1, 2013 and is managed by Invesco.