Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Hits New 1-Year High – Here’s What Happened

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) hit a new 52-week high on Tuesday . The stock traded as high as $52.00 and last traded at $52.00, with a volume of 109 shares traded. The stock had previously closed at $51.24.

Invesco S&P Ultra Dividend Revenue ETF Stock Down 1.0 %

The firm’s 50-day moving average price is $49.89 and its 200 day moving average price is $47.62. The firm has a market cap of $856.66 million, a P/E ratio of 12.00 and a beta of 0.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth approximately $32,000. ORG Partners LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the 3rd quarter worth $51,000. CWM LLC acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the second quarter valued at $59,000. Ashton Thomas Private Wealth LLC bought a new position in Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at about $137,000. Finally, Good Life Advisors LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF during the third quarter worth about $248,000.

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.