Allworth Financial LP Has $41.37 Million Position in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Allworth Financial LP cut its stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 713,262 shares of the company’s stock after selling 39,523 shares during the quarter. Allworth Financial LP’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $41,369,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Western Wealth Management LLC bought a new stake in Invesco S&P Ultra Dividend Revenue ETF in the first quarter valued at $94,000. Advisory Services Network LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter worth about $95,000. Tower Research Capital LLC TRC boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock worth $160,000 after purchasing an additional 3,150 shares in the last quarter. Essex Financial Services Inc. acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 1st quarter valued at about $207,000. Finally, Hilltop Holdings Inc. acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 3rd quarter valued at about $216,000.

Invesco S&P Ultra Dividend Revenue ETF Trading Down 1.1%

Invesco S&P Ultra Dividend Revenue ETF stock traded down $0.67 during midday trading on Tuesday, reaching $62.21. The stock had a trading volume of 37,960 shares, compared to its average volume of 62,582. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $49.98 and a 12 month high of $64.42. The company has a market capitalization of $1.37 billion, a P/E ratio of 11.29 and a beta of 0.76. The company has a fifty day moving average price of $61.96 and a two-hundred day moving average price of $58.47.

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.