Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Sets New 1-Year High at $49.38

Shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) reached a new 52-week high during trading on Thursday . The stock traded as high as $49.38 and last traded at $49.38, with a volume of 625 shares traded. The stock had previously closed at $49.11.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 0.8 %

The company has a market cap of $844.34 million, a price-to-earnings ratio of 12.00 and a beta of 0.95. The company’s 50 day moving average price is $46.97 and its 200 day moving average price is $45.36.

Institutional Trading of Invesco S&P Ultra Dividend Revenue ETF

Several hedge funds have recently made changes to their positions in RDIV. Heartwood Wealth Advisors LLC increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.8% in the 1st quarter. Heartwood Wealth Advisors LLC now owns 687,316 shares of the company’s stock valued at $31,500,000 after purchasing an additional 18,711 shares in the last quarter. Private Advisor Group LLC increased its holdings in Invesco S&P Ultra Dividend Revenue ETF by 3.0% during the 1st quarter. Private Advisor Group LLC now owns 213,081 shares of the company’s stock valued at $9,765,000 after acquiring an additional 6,300 shares in the last quarter. Raymond James & Associates increased its holdings in Invesco S&P Ultra Dividend Revenue ETF by 5.0% during the 2nd quarter. Raymond James & Associates now owns 125,655 shares of the company’s stock valued at $5,629,000 after acquiring an additional 6,005 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P Ultra Dividend Revenue ETF by 5.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 121,467 shares of the company’s stock valued at $5,567,000 after acquiring an additional 6,125 shares in the last quarter. Finally, Golden State Equity Partners purchased a new position in Invesco S&P Ultra Dividend Revenue ETF during the 2nd quarter valued at about $2,045,000.

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.