Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Get Free Report) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 44,149 shares, a decline of 35.7% from the August 31st total of 68,629 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 138,139 shares, the short-interest ratio is presently 0.3 days.
Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.3%
NYSEARCA RDIV traded up $0.19 during trading hours on Friday, hitting $57.28. The company’s stock had a trading volume of 8,708 shares, compared to its average volume of 61,332. Invesco S&P Ultra Dividend Revenue ETF has a twelve month low of $49.98 and a twelve month high of $64.42. The firm has a market capitalization of $1.40 billion, a P/E ratio of 11.29 and a beta of 0.76. The stock has a fifty day moving average of $61.80 and a 200 day moving average of $58.91.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 61.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 113,908 shares of the company’s stock valued at $5,928,000 after acquiring an additional 43,324 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 108.2% in 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 in the last quarter. Gateway Wealth Partners LLC grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 98.0% in the 1st quarter. Gateway Wealth Partners LLC now owns 49,540 shares of the company’s stock valued at $2,757,000 after acquiring an additional 24,518 shares in the last quarter. WCG Wealth Advisors LLC lifted its stake in Invesco S&P Ultra Dividend Revenue ETF by 119.7% in the 4th quarter. WCG Wealth Advisors LLC now owns 40,856 shares of the company’s stock valued at $2,126,000 after purchasing an additional 22,257 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at about $989,000.
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.
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