Bank of Montreal Can Boosts Stock Position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Bank of Montreal Can grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 144.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,835 shares of the company’s stock after buying an additional 1,085 shares during the quarter. Bank of Montreal Can’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $89,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in RDIV. Raymond James Financial Inc. acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth $11,960,000. Wells Fargo & Company MN lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 14.9% during the 4th quarter. Wells Fargo & Company MN now owns 323,787 shares of the company’s stock worth $15,623,000 after buying an additional 42,087 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 155.8% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 57,969 shares of the company’s stock worth $2,797,000 after acquiring an additional 35,309 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 83.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 59,156 shares of the company’s stock worth $2,954,000 after acquiring an additional 26,867 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 13.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 101,720 shares of the company’s stock valued at $4,908,000 after acquiring an additional 11,977 shares during the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of RDIV opened at $45.58 on Friday. The stock has a market capitalization of $744.78 million, a PE ratio of 14.23 and a beta of 0.96. The business’s fifty day moving average price is $47.37 and its 200 day moving average price is $49.02. Invesco S&P Ultra Dividend Revenue ETF has a 12-month low of $41.50 and a 12-month high of $53.02.

Invesco S&P Ultra Dividend Revenue ETF 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.