Cadence Bank Buys New Shares in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Cadence Bank acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 93,235 shares of the company’s stock, valued at approximately $4,656,000.

Several other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco S&P Ultra Dividend Revenue ETF in the second quarter valued at $32,000. ORG Partners LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the third quarter valued at about $51,000. CWM LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF in the second quarter worth about $59,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at approximately $137,000. Finally, Sanctuary Advisors LLC purchased a new position in Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at $243,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

NYSEARCA:RDIV opened at $52.60 on Wednesday. The company’s 50-day simple moving average is $50.23 and its 200 day simple moving average is $47.96. Invesco S&P Ultra Dividend Revenue ETF has a one year low of $38.70 and a one year high of $53.02. The firm has a market capitalization of $887.89 million, a P/E ratio of 12.00 and a beta of 0.95.

Invesco S&P Ultra Dividend Revenue ETF 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.