Thurston Springer Miller Herd & Titak Inc. Acquires Shares of 725 Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 725 shares of the company’s stock, valued at approximately $32,000.

Several other institutional investors and hedge funds have also made changes to their positions in RDIV. PNC Financial Services Group Inc. increased its stake in Invesco S&P Ultra Dividend Revenue ETF by 577.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,643 shares of the company’s stock valued at $116,000 after purchasing an additional 2,253 shares during the period. Sanctuary Wealth Management L.L.C. raised its stake in Invesco S&P Ultra Dividend Revenue ETF by 11.9% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 2,938 shares of the company’s stock valued at $128,000 after acquiring an additional 312 shares during the last quarter. Carson Advisory Inc. acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth approximately $223,000. MONECO Advisors LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 4th quarter valued at approximately $224,000. Finally, Essex Financial Services Inc. acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $226,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 1.1 %

Shares of NYSEARCA RDIV traded up $0.51 during mid-day trading on Tuesday, hitting $46.41. 36,146 shares of the company were exchanged, compared to its average volume of 41,144. The stock has a 50 day simple moving average of $45.89 and a 200-day simple moving average of $44.71. Invesco S&P Ultra Dividend Revenue ETF has a 1-year low of $34.64 and a 1-year high of $48.79. The firm has a market cap of $783.40 million, a price-to-earnings ratio of 12.00 and a beta of 0.95.

Invesco S&P Ultra Dividend Revenue ETF 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.