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

Commonwealth Equity Services LLC raised its position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 7.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,135 shares of the company’s stock after purchasing an additional 12,727 shares during the period. Commonwealth Equity Services LLC owned approximately 0.87% of Invesco S&P Ultra Dividend Revenue ETF worth $7,781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 5.9% during the fourth quarter. Morgan Stanley now owns 1,902,699 shares of the company’s stock valued at $82,901,000 after purchasing an additional 105,596 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 8.1% in the 1st quarter. LPL Financial LLC now owns 722,043 shares of the company’s stock worth $29,705,000 after buying an additional 53,896 shares during the period. Advisor Group Holdings Inc. raised its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 151.5% during the 4th quarter. Advisor Group Holdings Inc. now owns 662,682 shares of the company’s stock worth $28,874,000 after acquiring an additional 399,205 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 5.7% in the 4th quarter. Wells Fargo & Company MN now owns 467,291 shares of the company’s stock valued at $20,360,000 after acquiring an additional 25,204 shares during the last quarter. Finally, NEIRG Wealth Management LLC lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 6.4% in the 1st quarter. NEIRG Wealth Management LLC now owns 329,264 shares of the company’s stock valued at $13,546,000 after acquiring an additional 19,726 shares during the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of NYSEARCA RDIV opened at $39.55 on Thursday. The company has a market cap of $770.83 million, a P/E ratio of 11.55 and a beta of 1.09. Invesco S&P Ultra Dividend Revenue ETF has a 1 year low of $36.62 and a 1 year high of $47.97. The firm has a 50-day simple moving average of $39.95 and a two-hundred day simple moving average of $40.34.

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.