Ethos Financial Group LLC Buys New Stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Ethos Financial Group LLC bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,279 shares of the company’s stock, valued at approximately $624,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Anchor Investment Management LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter worth about $25,000. Sanctuary Wealth Management L.L.C. raised its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 29.9% during the 3rd quarter. Sanctuary Wealth Management L.L.C. now owns 2,626 shares of the company’s stock worth $98,000 after purchasing an additional 604 shares during the last quarter. Planned Solutions Inc. acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth about $126,000. Carson Advisory Inc. acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth about $223,000. Finally, MONECO Advisors LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the 4th quarter worth about $224,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

Shares of RDIV traded up $0.22 during mid-day trading on Thursday, hitting $45.41. 24,117 shares of the company were exchanged, compared to its average volume of 46,202. Invesco S&P Ultra Dividend Revenue ETF has a 1-year low of $34.64 and a 1-year high of $45.86. The company has a 50 day moving average of $44.42 and a 200-day moving average of $42.34. The stock has a market cap of $763.80 million, a price-to-earnings ratio of 11.57 and a beta of 1.03.

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.