Steward Partners Investment Advisory LLC Lowers Stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Steward Partners Investment Advisory LLC lowered its stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,483 shares of the company’s stock after selling 345 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $120,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of RDIV. Whipplewood Advisors LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth $40,000. Crews Bank & Trust purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth $109,000. Cape Investment Advisory Inc. increased its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 34.5% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,535 shares of the company’s stock worth $122,000 after purchasing an additional 650 shares in the last quarter. Callan Capital LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth $241,000. Finally, Sanctuary Advisors LLC increased its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 14.5% during the third quarter. Sanctuary Advisors LLC now owns 6,304 shares of the company’s stock worth $329,000 after purchasing an additional 799 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 1.7 %

Shares of RDIV stock opened at $48.30 on Monday. The business’s fifty day simple moving average is $49.19 and its 200-day simple moving average is $49.74. The company has a market cap of $788.74 million, a PE ratio of 15.17 and a beta of 1.13. Invesco S&P Ultra Dividend Revenue ETF has a 12-month low of $42.51 and a 12-month high of $53.02.

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.