Prospera Financial Services Inc purchased a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Free Report) in the 2nd quarter, Holdings Channel reports. The fund purchased 5,197 shares of the company’s stock, valued at approximately $249,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDIV. CWM LLC increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 27.1% in the second quarter. CWM LLC now owns 2,108 shares of the company’s stock valued at $101,000 after purchasing an additional 450 shares during the last quarter. Rise Advisors LLC grew its stake in Invesco S&P Ultra Dividend Revenue ETF by 11.3% in the 1st quarter. Rise Advisors LLC now owns 3,085 shares of the company’s stock valued at $151,000 after buying an additional 312 shares during the last quarter. Choreo LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the 1st quarter valued at about $224,000. Integrity Alliance LLC. bought a new position in Invesco S&P Ultra Dividend Revenue ETF in the 1st quarter valued at about $243,000. Finally, Geneos Wealth Management Inc. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 6.7% during the first quarter. Geneos Wealth Management Inc. now owns 5,469 shares of the company’s stock worth $267,000 after acquiring an additional 344 shares during the last quarter.
Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.2%
Shares of NYSEARCA:RDIV opened at $52.64 on Monday. Invesco S&P Ultra Dividend Revenue ETF has a 12-month low of $41.50 and a 12-month high of $53.32. The business has a 50 day moving average of $52.10 and a 200-day moving average of $49.80. The stock has a market cap of $850.14 million, a PE ratio of 11.29 and a beta of 0.94.
About Invesco S&P Ultra Dividend Revenue ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P Ultra Dividend Revenue ETF
- Where Do I Find 52-Week Highs and Lows?
- 4 Cold-Weather Stocks to Buy as Winter Spending Heats Up
- Manufacturing Stocks Investing
- Disney Stock Drops—Will Earnings Pave Way for a YouTube TV Truce?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
Want to see what other hedge funds are holding RDIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Free Report).
Receive News & Ratings for Invesco S&P Ultra Dividend Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P Ultra Dividend Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
