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

Steward Partners Investment Advisory LLC trimmed its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 12.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RDIV. Kingsview Wealth Management LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter valued at $3,269,000. Cadence Bank purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter valued at $4,656,000. Rockefeller Capital Management L.P. boosted its stake in Invesco S&P Ultra Dividend Revenue ETF by 1.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 104,138 shares of the company’s stock valued at $5,200,000 after purchasing an additional 1,650 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 21,227 shares of the company’s stock worth $1,060,000 after buying an additional 590 shares during the last quarter. Finally, 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.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

RDIV stock opened at $48.30 on Monday. The company has a market cap of $788.74 million, a P/E ratio of 15.17 and a beta of 1.13. Invesco S&P Ultra Dividend Revenue ETF has a 1 year low of $42.51 and a 1 year high of $53.02. The stock’s fifty day moving average price is $49.19 and its 200-day moving average price is $49.74.

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.