Janney Montgomery Scott LLC Raises Stock Position in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Janney Montgomery Scott LLC raised its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 108.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,520 shares of the company’s stock after acquiring an additional 33,006 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.37% of Invesco S&P Ultra Dividend Revenue ETF worth $3,536,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Aventura Private Wealth LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth about $30,000. Assetmark Inc. bought a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter valued at approximately $55,000. Advisory Services Network LLC purchased a new position in Invesco S&P Ultra Dividend Revenue ETF in the 3rd quarter worth approximately $95,000. Tower Research Capital LLC TRC lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock worth $160,000 after purchasing an additional 3,150 shares in the last quarter. Finally, Hilltop Holdings Inc. bought a new position in Invesco S&P Ultra Dividend Revenue ETF in the 3rd quarter worth approximately $216,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 1.3%

RDIV stock traded up $0.77 during midday trading on Tuesday, hitting $59.53. The company’s stock had a trading volume of 4,407 shares, compared to its average volume of 60,091. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $47.28 and a 12 month high of $60.14. The company has a 50 day moving average of $57.74 and a two-hundred day moving average of $55.84. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.29 and a beta of 0.77.

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.