Invesco S&P Ultra Dividend Revenue ETF $RDIV Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110,420 shares of the company’s stock after selling 10,667 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.53% of Invesco S&P Ultra Dividend Revenue ETF worth $5,746,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Aventura Private Wealth LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at about $30,000. Assetmark Inc. acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at about $55,000. Advisory Services Network LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at about $95,000. Tower Research Capital LLC TRC lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after buying an additional 3,150 shares during the last quarter. Finally, Hilltop Holdings Inc. acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at about $216,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

NYSEARCA RDIV opened at $57.67 on Thursday. The firm’s 50-day moving average is $56.29 and its two-hundred day moving average is $54.90. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $46.51 and a 12 month high of $58.90. The stock has a market capitalization of $992.50 million, a P/E ratio of 11.29 and a beta of 0.77.

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.