Raymond James & Associates Purchases 5,586 Shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Raymond James & Associates grew its position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,241 shares of the company’s stock after buying an additional 5,586 shares during the period. Raymond James & Associates’ holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $6,554,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Heartwood Wealth Advisors LLC raised its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.3% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 703,640 shares of the company’s stock valued at $35,138,000 after buying an additional 9,268 shares in the last quarter. Private Advisor Group LLC lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 3.0% during the first quarter. Private Advisor Group LLC now owns 213,081 shares of the company’s stock worth $9,765,000 after purchasing an additional 6,300 shares during the last quarter. Golden State Equity Partners acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at $2,045,000. Cetera Investment Advisers increased its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 8.1% in the 2nd quarter. Cetera Investment Advisers now owns 38,778 shares of the company’s stock valued at $1,737,000 after purchasing an additional 2,908 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 7.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 34,666 shares of the company’s stock worth $1,553,000 after buying an additional 2,258 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.1 %

Shares of RDIV stock opened at $49.89 on Friday. The firm has a market capitalization of $842.17 million, a P/E ratio of 12.00 and a beta of 0.95. Invesco S&P Ultra Dividend Revenue ETF has a twelve month low of $35.08 and a twelve month high of $50.90. The stock’s fifty day simple moving average is $49.65 and its 200 day simple moving average is $47.06.

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.