MONECO Advisors LLC Purchases New Shares in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

MONECO Advisors LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,132 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors have also made changes to their positions in the business. Sanctuary Wealth Management L.L.C. raised its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 11.9% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 2,938 shares of the company’s stock valued at $128,000 after buying an additional 312 shares during the last quarter. Anchor Investment Management LLC bought a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth about $25,000. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco S&P Ultra Dividend Revenue ETF by 0.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 115,342 shares of the company’s stock worth $5,040,000 after purchasing an additional 708 shares during the last quarter. Cadence Bank raised its holdings in Invesco S&P Ultra Dividend Revenue ETF by 0.8% during the 3rd quarter. Cadence Bank now owns 96,035 shares of the company’s stock worth $3,572,000 after purchasing an additional 800 shares during the last quarter. Finally, FinTrust Capital Advisors LLC raised its holdings in Invesco S&P Ultra Dividend Revenue ETF by 14.7% during the 4th quarter. FinTrust Capital Advisors LLC now owns 18,617 shares of the company’s stock worth $814,000 after purchasing an additional 2,379 shares during the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 0.5 %

Shares of NYSEARCA:RDIV opened at $44.76 on Tuesday. The stock has a market capitalization of $755.55 million, a P/E ratio of 12.00 and a beta of 0.95. Invesco S&P Ultra Dividend Revenue ETF has a 1-year low of $34.64 and a 1-year high of $46.23. The business has a 50-day moving average price of $44.77 and a two-hundred day moving average price of $43.90.

Invesco S&P Ultra Dividend Revenue ETF Company 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.