Avantax Advisory Services Inc. Sells 3,950 Shares of Invesco S&P Ultra Dividend Revenue ETF $RDIV

Avantax Advisory Services Inc. lessened its stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 8.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,181 shares of the company’s stock after selling 3,950 shares during the period. Avantax Advisory Services Inc. owned about 0.27% of Invesco S&P Ultra Dividend Revenue ETF worth $2,114,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RDIV. Intrua Financial LLC raised its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1.8% in the 2nd quarter. Intrua Financial LLC now owns 14,522 shares of the company’s stock valued at $695,000 after acquiring an additional 261 shares in the last quarter. Prospera Financial Services Inc bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at approximately $249,000. Integrity Alliance LLC. raised its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 236.1% in the second quarter. Integrity Alliance LLC. now owns 16,704 shares of the company’s stock valued at $799,000 after purchasing an additional 11,734 shares in the last quarter. Prosperity Financial Group Inc. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 39.2% in the second quarter. Prosperity Financial Group Inc. now owns 9,585 shares of the company’s stock worth $459,000 after purchasing an additional 2,700 shares during the period. Finally, Mutual Advisors LLC bought a new position in Invesco S&P Ultra Dividend Revenue ETF in the second quarter worth $416,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $52.17 on Friday. Invesco S&P Ultra Dividend Revenue ETF has a 52-week low of $41.50 and a 52-week high of $53.32. The firm has a market capitalization of $842.55 million, a PE ratio of 11.29 and a beta of 0.94. The company’s fifty day moving average price is $52.04 and its two-hundred day moving average price is $49.94.

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.