Kingsview Wealth Management LLC Invests $945,000 in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Kingsview Wealth Management LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,151 shares of the company’s stock, valued at approximately $945,000.

A number of other large investors have also modified their holdings of the business. Heartwood Wealth Advisors LLC grew its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.9% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 737,112 shares of the company’s stock worth $38,359,000 after acquiring an additional 13,516 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.9% during the second quarter. Bank of America Corp DE now owns 550,790 shares of the company’s stock worth $26,355,000 after acquiring an additional 10,160 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 0.8% during the third quarter. Ameriprise Financial Inc. now owns 220,340 shares of the company’s stock worth $11,485,000 after acquiring an additional 1,726 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 2.4% during the third quarter. Raymond James Financial Inc. now owns 175,021 shares of the company’s stock worth $9,122,000 after acquiring an additional 4,163 shares during the last quarter. Finally, Tactive Advisors LLC purchased a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth about $6,684,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

Shares of RDIV stock opened at $58.35 on Tuesday. Invesco S&P Ultra Dividend Revenue ETF has a fifty-two week low of $46.46 and a fifty-two week high of $58.90. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 11.29 and a beta of 0.77. The stock’s 50-day simple moving average is $56.15 and its 200-day simple moving average is $54.83.

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.