Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 13,820 shares, a decrease of 68.7% from the September 15th total of 44,149 shares. Based on an average trading volume of 55,572 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.
Hedge Funds Weigh In On Invesco S&P Ultra Dividend Revenue ETF
Several large investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 6.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 133,798 shares of the company’s stock valued at $6,963,000 after purchasing an additional 8,457 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 83,366 shares of the company’s stock worth $4,640,000 after purchasing an additional 563 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 108.2% during the first quarter. Janney Montgomery Scott LLC now owns 63,520 shares of the company’s stock worth $3,536,000 after purchasing an additional 33,006 shares during the period. Onyx Bridge Wealth Group LLC lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1.7% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 53,258 shares of the company’s stock worth $2,964,000 after purchasing an additional 875 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 98.0% during the 1st quarter. Gateway Wealth Partners LLC now owns 49,540 shares of the company’s stock worth $2,757,000 after purchasing an additional 24,518 shares during the last quarter.
Invesco S&P Ultra Dividend Revenue ETF Price Performance
Invesco S&P Ultra Dividend Revenue ETF stock traded up $0.10 during mid-day trading on Tuesday, hitting $57.48. 25,343 shares of the company’s stock traded hands, compared to its average volume of 61,421. The firm has a 50 day simple moving average of $60.88 and a two-hundred day simple moving average of $59.04. Invesco S&P Ultra Dividend Revenue ETF has a fifty-two week low of $50.58 and a fifty-two week high of $64.42. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 11.29 and a beta of 0.77.
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.
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