Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Sets New 12-Month High – Time to Buy?

Posted by Trevor Kearing on Nov 27th, 2024

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $53.70 and last traded at $53.70, with a volume of 101 shares changing hands. The stock had previously closed at $52.23.

Invesco S&P Ultra Dividend Revenue ETF Stock Down 0.2 %

The stock has a fifty day moving average of $50.23 and a 200-day moving average of $47.96. The firm has a market capitalization of $887.89 million, a P/E ratio of 12.00 and a beta of 0.95.

Hedge Funds Weigh In On Invesco S&P Ultra Dividend Revenue ETF

Institutional investors have recently modified their holdings of the stock. IFG Advisory LLC grew its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.0% during the second quarter. IFG Advisory LLC now owns 11,346 shares of the company’s stock valued at $508,000 after purchasing an additional 222 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Invesco S&P Ultra Dividend Revenue ETF by 8.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,278 shares of the company’s stock valued at $326,000 after buying an additional 577 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 21,227 shares of the company’s stock valued at $1,060,000 after buying an additional 590 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth $32,000. Finally, Sanctuary Advisors LLC lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 14.5% during the third quarter. Sanctuary Advisors LLC now owns 6,304 shares of the company’s stock valued at $329,000 after acquiring an additional 799 shares during the period.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

(Get Free Report)

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.