Mercer Global Advisors Inc. ADV reduced its stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Free Report) by 3.4% during the second quarter, HoldingsChannel reports. The firm owned 33,694 shares of the company’s stock after selling 1,199 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $1,510,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of RDIV. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth approximately $32,000. CWM LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth approximately $59,000. PNC Financial Services Group Inc. raised its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 577.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,643 shares of the company’s stock worth $116,000 after acquiring an additional 2,253 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the second quarter worth approximately $137,000. Finally, MONECO Advisors LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth approximately $224,000.
Invesco S&P Ultra Dividend Revenue ETF Stock Performance
Shares of Invesco S&P Ultra Dividend Revenue ETF stock opened at $49.57 on Wednesday. The stock has a market capitalization of $836.70 million, a price-to-earnings ratio of 12.00 and a beta of 0.95. The company’s 50 day moving average price is $48.44 and its 200-day moving average price is $46.13. Invesco S&P Ultra Dividend Revenue ETF has a 52-week low of $34.64 and a 52-week high of $50.41.
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.
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