Ashton Thomas Securities LLC Takes Position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Ashton Thomas Securities LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 9,456 shares of the company’s stock, valued at approximately $472,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFG Advisory LLC lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.0% in the 2nd quarter. IFG Advisory LLC now owns 11,346 shares of the company’s stock worth $508,000 after acquiring an additional 222 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 26.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 6,701 shares of the company’s stock valued at $307,000 after purchasing an additional 1,404 shares during the period. Cetera Advisors LLC boosted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 152.3% in the 1st quarter. Cetera Advisors LLC now owns 27,056 shares of the company’s stock valued at $1,240,000 after purchasing an additional 16,331 shares in the last quarter. ORG Partners LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter worth approximately $51,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 2nd quarter worth approximately $987,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

RDIV opened at $51.35 on Tuesday. The business has a 50 day simple moving average of $49.75 and a 200-day simple moving average of $47.38. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $36.29 and a 12 month high of $51.60. The stock has a market capitalization of $866.79 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.