MML Investors Services LLC Reduces Stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

MML Investors Services LLC cut its stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIVFree Report) by 7.2% during the third quarter, HoldingsChannel reports. The firm owned 33,647 shares of the company’s stock after selling 2,626 shares during the quarter. MML Investors Services LLC’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $1,680,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. IFG Advisory LLC lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 2.0% in the second quarter. IFG Advisory LLC now owns 11,346 shares of the company’s stock worth $508,000 after buying an additional 222 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 8.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,278 shares of the company’s stock worth $326,000 after acquiring an additional 577 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 21,227 shares of the company’s stock worth $1,060,000 after acquiring an additional 590 shares during the last quarter. ORG Partners LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter worth about $51,000. Finally, CWM LLC bought a new position in Invesco S&P Ultra Dividend Revenue ETF during the 2nd quarter valued at about $59,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of NYSEARCA RDIV opened at $49.69 on Wednesday. Invesco S&P Ultra Dividend Revenue ETF has a 1 year low of $41.36 and a 1 year high of $53.02. The firm has a 50-day simple moving average of $50.78 and a two-hundred day simple moving average of $48.60. The company has a market cap of $838.77 million, a P/E ratio of 12.00 and a beta of 0.95.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

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