Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) is Heartwood Wealth Advisors LLC’s 6th Largest Position

Heartwood Wealth Advisors LLC lifted its position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 708,949 shares of the company’s stock after buying an additional 5,309 shares during the quarter. Invesco S&P Ultra Dividend Revenue ETF comprises 3.9% of Heartwood Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Heartwood Wealth Advisors LLC owned 4.20% of Invesco S&P Ultra Dividend Revenue ETF worth $34,207,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter valued at $51,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the 2nd quarter worth $137,000. Sanctuary Advisors LLC acquired a new position in Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at $243,000. Good Life Advisors LLC acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at about $248,000. Finally, International Assets Investment Management LLC bought a new position in Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter worth approximately $457,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Down 1.8 %

NYSEARCA RDIV traded down $0.87 during midday trading on Friday, hitting $47.43. The company had a trading volume of 43,169 shares, compared to its average volume of 27,716. The firm has a fifty day simple moving average of $50.22 and a two-hundred day simple moving average of $48.93. The stock has a market cap of $800.62 million, a price-to-earnings ratio of 12.00 and a beta of 0.95. Invesco S&P Ultra Dividend Revenue ETF has a fifty-two week low of $41.36 and a fifty-two week high of $53.02.

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.