Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Sees Large Volume Increase – What’s Next?

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) saw an uptick in trading volume on Tuesday . 86,588 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 51,721 shares.The stock last traded at $49.40 and had previously closed at $49.07.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.6 %

The stock has a market cap of $833.03 million, a PE ratio of 12.00 and a beta of 0.95. The firm’s fifty day moving average price is $49.56 and its 200 day moving average price is $49.39.

Institutional Investors Weigh In On Invesco S&P Ultra Dividend Revenue ETF

Large investors have recently made changes to their positions in the company. Heartwood Wealth Advisors LLC grew its holdings in Invesco S&P Ultra Dividend Revenue ETF by 0.8% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 708,949 shares of the company’s stock valued at $34,207,000 after buying an additional 5,309 shares in the last quarter. Private Advisor Group LLC increased its position in Invesco S&P Ultra Dividend Revenue ETF by 3.6% in the fourth quarter. Private Advisor Group LLC now owns 201,983 shares of the company’s stock worth $9,746,000 after purchasing an additional 7,024 shares during the last quarter. Raymond James & Associates raised its stake in Invesco S&P Ultra Dividend Revenue ETF by 4.4% during the third quarter. Raymond James & Associates now owns 131,241 shares of the company’s stock valued at $6,554,000 after purchasing an additional 5,586 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 1.6% during the third quarter. Rockefeller Capital Management L.P. now owns 104,138 shares of the company’s stock valued at $5,200,000 after purchasing an additional 1,650 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 13.3% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 101,720 shares of the company’s stock worth $4,908,000 after buying an additional 11,977 shares during the last quarter.

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.