Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Stake Lowered by Ameriprise Financial Inc.

Ameriprise Financial Inc. trimmed its holdings in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,936 shares of the company’s stock after selling 9,775 shares during the period. Ameriprise Financial Inc. owned 0.54% of Invesco S&P Ultra Dividend Revenue ETF worth $4,388,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of RDIV. Whipplewood Advisors LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $40,000. Bank of Montreal Can grew its position in Invesco S&P Ultra Dividend Revenue ETF by 144.7% during the 4th quarter. Bank of Montreal Can now owns 1,835 shares of the company’s stock worth $89,000 after acquiring an additional 1,085 shares during the last quarter. Crews Bank & Trust acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth about $109,000. Cape Investment Advisory Inc. grew its stake 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 valued at $122,000 after purchasing an additional 650 shares during the last quarter. Finally, Prosperity Financial Group Inc. acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter valued at $208,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of NYSEARCA:RDIV opened at $46.40 on Monday. The company has a 50 day moving average of $46.38 and a 200-day moving average of $48.56. The stock has a market cap of $760.03 million, a price-to-earnings ratio of 14.75 and a beta of 0.95. Invesco S&P Ultra Dividend Revenue ETF has a one year low of $41.50 and a one year high of $53.02.

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.