Stifel Financial Corp Grows Position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Stifel Financial Corp raised its stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 14.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,319 shares of the company’s stock after acquiring an additional 3,425 shares during the period. Stifel Financial Corp’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $1,364,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of RDIV. IFG Advisory LLC lifted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.0% during the second quarter. IFG Advisory LLC now owns 11,346 shares of the company’s stock valued at $508,000 after purchasing an additional 222 shares in the last quarter. ORG Partners LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter worth approximately $51,000. HighTower Advisors LLC boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.0% in the 3rd quarter. HighTower Advisors LLC now owns 93,958 shares of the company’s stock worth $4,687,000 after buying an additional 1,874 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.9% in the third quarter. Captrust Financial Advisors now owns 21,227 shares of the company’s stock valued at $1,060,000 after acquiring an additional 590 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 10.3% during the second quarter. Atria Wealth Solutions Inc. now owns 28,354 shares of the company’s stock valued at $1,270,000 after acquiring an additional 2,649 shares during the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 1.4 %

Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $48.79 on Friday. The business’s fifty day simple moving average is $50.73 and its 200 day simple moving average is $48.63. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $41.36 and a 12 month high of $53.02. The firm has a market capitalization of $823.58 million, a P/E ratio of 12.00 and a beta of 0.95.

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.