Janney Montgomery Scott LLC Increases Stake in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Janney Montgomery Scott LLC lifted its position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 108.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 63,520 shares of the company’s stock after acquiring an additional 33,006 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $3,536,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RDIV. Heartwood Wealth Advisors LLC grew its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1.9% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 737,112 shares of the company’s stock valued at $38,359,000 after purchasing an additional 13,516 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 7.5% in the fourth quarter. LPL Financial LLC now owns 683,779 shares of the company’s stock worth $35,584,000 after purchasing an additional 47,484 shares during the last quarter. Bank of America Corp DE lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 1.9% in the second quarter. Bank of America Corp DE now owns 550,790 shares of the company’s stock worth $26,355,000 after purchasing an additional 10,160 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 10.9% during the fourth quarter. Wells Fargo & Company MN now owns 407,745 shares of the company’s stock valued at $21,219,000 after buying an additional 40,199 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.8% during the third quarter. Ameriprise Financial Inc. now owns 220,340 shares of the company’s stock valued at $11,485,000 after buying an additional 1,726 shares during the period.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Shares of RDIV traded up $0.77 during mid-day trading on Tuesday, reaching $59.53. 4,407 shares of the company’s stock traded hands, compared to its average volume of 60,091. The stock has a market cap of $1.30 billion, a P/E ratio of 11.29 and a beta of 0.77. The stock’s 50-day moving average is $57.74 and its two-hundred day moving average is $55.84. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $47.28 and a 12 month high of $60.14.

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.