Commonwealth Equity Services LLC Trims Stock Position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Commonwealth Equity Services LLC trimmed its holdings in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 75,994 shares of the company’s stock after selling 2,697 shares during the quarter. Commonwealth Equity Services LLC owned 0.45% of Invesco S&P Ultra Dividend Revenue ETF worth $3,667,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at about $40,000. Crews Bank & Trust acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $109,000. Cape Investment Advisory Inc. boosted its position in Invesco S&P Ultra Dividend Revenue ETF by 34.5% in the 4th 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. Prosperity Financial Group Inc. acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth approximately $208,000. Finally, Callan Capital LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter valued at approximately $241,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.1 %

Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $49.02 on Tuesday. The firm has a market cap of $800.50 million, a PE ratio of 15.17 and a beta of 1.13. The business has a 50-day moving average price of $49.32 and a 200 day moving average price of $49.71. Invesco S&P Ultra Dividend Revenue ETF has a twelve month low of $42.51 and a twelve month high of $53.02.

Invesco S&P Ultra Dividend Revenue ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.4978 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco S&P Ultra Dividend Revenue ETF’s previous dividend of $0.45.

About Invesco S&P Ultra Dividend Revenue ETF

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.