Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Hits New 12-Month High at $50.24

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $50.24 and last traded at $50.24, with a volume of 109 shares. The stock had previously closed at $47.86.

Invesco S&P Ultra Dividend Revenue ETF Stock Down 0.4 %

The stock’s fifty day simple moving average is $45.44 and its two-hundred day simple moving average is $44.39. The firm has a market cap of $804.84 million, a PE ratio of 12.00 and a beta of 0.95.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RDIV. Heartwood Wealth Advisors LLC increased its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 578.5% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 668,605 shares of the company’s stock valued at $29,218,000 after acquiring an additional 570,069 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth $13,943,000. Kingswood Wealth Advisors LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at $987,000. Cetera Advisors LLC lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 152.3% during the first quarter. Cetera Advisors LLC now owns 27,056 shares of the company’s stock valued at $1,240,000 after purchasing an additional 16,331 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 75.2% during the first quarter. Cetera Investment Advisers now owns 35,870 shares of the company’s stock valued at $1,644,000 after buying an additional 15,397 shares during the last quarter.

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.