Commonwealth Equity Services LLC Has $5.93 Million Position in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Commonwealth Equity Services LLC lifted its position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 61.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,908 shares of the company’s stock after buying an additional 43,324 shares during the period. Commonwealth Equity Services LLC owned about 0.55% of Invesco S&P Ultra Dividend Revenue ETF worth $5,928,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Savvy Advisors Inc. acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter worth approximately $674,000. Heartwood Wealth Advisors LLC lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.9% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 737,112 shares of the company’s stock worth $38,359,000 after acquiring an additional 13,516 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 25.8% in the third quarter. Jones Financial Companies Lllp now owns 70,420 shares of the company’s stock worth $3,698,000 after acquiring an additional 14,459 shares during the period. Tactive Advisors LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth approximately $6,684,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter worth approximately $945,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

NYSEARCA:RDIV opened at $58.19 on Friday. The firm’s fifty day moving average is $56.41 and its 200-day moving average is $54.97. Invesco S&P Ultra Dividend Revenue ETF has a 52 week low of $46.51 and a 52 week high of $58.90. The firm has a market cap of $1.00 billion, 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.