Savvy Advisors Inc. Makes New $674,000 Investment in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Savvy Advisors Inc. bought a new stake in shares of 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 bought 12,932 shares of the company’s stock, valued at approximately $674,000. Savvy Advisors Inc. owned about 0.08% of Invesco S&P Ultra Dividend Revenue ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RDIV. Goldman Sachs Group Inc. grew its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 29,942 shares of the company’s stock valued at $1,462,000 after buying an additional 271 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the second quarter valued at approximately $695,000. CWM LLC grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 27.1% during the second quarter. CWM LLC now owns 2,108 shares of the company’s stock valued at $101,000 after purchasing an additional 450 shares during the last quarter. Mutual Advisors LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at approximately $416,000. Finally, Prosperity Financial Group Inc. raised its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 39.2% during the 2nd 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.

Invesco S&P Ultra Dividend Revenue ETF Trading Up 1.4%

Shares of NYSEARCA RDIV opened at $57.12 on Friday. The stock’s 50 day simple moving average is $53.80 and its 200 day simple moving average is $52.36. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 11.29 and a beta of 0.94. Invesco S&P Ultra Dividend Revenue ETF has a 12-month low of $41.50 and a 12-month high of $57.51.

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.