MML Investors Services LLC Sells 2,626 Shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

MML Investors Services LLC lessened its holdings in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 7.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,647 shares of the company’s stock after selling 2,626 shares during the quarter. MML Investors Services LLC owned about 0.20% of Invesco S&P Ultra Dividend Revenue ETF worth $1,680,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Cadence Bank purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 3rd quarter valued at about $4,656,000. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter worth approximately $4,482,000. Kingsview Wealth Management LLC purchased a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the third quarter valued at approximately $3,269,000. Golden State Equity Partners bought a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter valued at approximately $2,045,000. Finally, Gateway Wealth Partners LLC purchased a new position in Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter worth approximately $1,151,000.

Invesco S&P Ultra Dividend Revenue ETF Trading Down 0.5 %

Shares of RDIV opened at $49.69 on Wednesday. The company has a market cap of $838.77 million, a price-to-earnings ratio of 12.00 and a beta of 0.95. The business’s fifty day simple moving average is $50.78 and its two-hundred day simple moving average is $48.60. Invesco S&P Ultra Dividend Revenue ETF has a 12 month low of $41.36 and a 12 month high of $53.02.

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.