Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Reaches New 1-Year High at $50.41

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $50.41 and last traded at $49.87, with a volume of 21942 shares changing hands. The stock had previously closed at $49.88.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

The stock has a market cap of $841.30 million, a P/E ratio of 12.00 and a beta of 0.95. The firm’s 50 day moving average is $48.12 and its 200 day moving average is $45.93.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RDIV. International Assets Investment Management LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter valued at approximately $319,000. Envestnet Portfolio Solutions Inc. acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter valued at approximately $231,000. Gladstone Institutional Advisory LLC purchased a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at $331,000. FinTrust Capital Advisors LLC boosted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 14.7% in the 4th quarter. FinTrust Capital Advisors LLC now owns 18,617 shares of the company’s stock valued at $814,000 after acquiring an additional 2,379 shares during the last quarter. Finally, MONECO Advisors LLC purchased a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at $224,000.

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.