Commonwealth Equity Services LLC Has $5.93 Million Holdings in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Commonwealth Equity Services LLC raised its position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 61.4% in the fourth quarter, HoldingsChannel reports. The fund owned 113,908 shares of the company’s stock after purchasing an additional 43,324 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $5,928,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Aventura Private Wealth LLC acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $30,000. Assetmark Inc. acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $55,000. Advisory Services Network LLC acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at approximately $95,000. Tower Research Capital LLC TRC grew its stake in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after acquiring an additional 3,150 shares during the period. Finally, Hilltop Holdings Inc. acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at approximately $216,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $58.19 on Friday. Invesco S&P Ultra Dividend Revenue ETF has a 52 week low of $46.51 and a 52 week high of $58.90. The stock has a 50 day moving average price of $56.41 and a two-hundred day moving average price of $54.97. The stock has a market capitalization of $1.00 billion, a PE ratio of 11.29 and a beta of 0.77.

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.