Onyx Bridge Wealth Group LLC Invests $1.13 Million in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Onyx Bridge Wealth Group LLC purchased a new stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 22,660 shares of the company’s stock, valued at approximately $1,132,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDIV. Heartwood Wealth Advisors LLC boosted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.3% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 703,640 shares of the company’s stock valued at $35,138,000 after purchasing an additional 9,268 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 3.0% in the first quarter. Private Advisor Group LLC now owns 213,081 shares of the company’s stock valued at $9,765,000 after buying an additional 6,300 shares during the period. Raymond James & Associates grew its holdings in Invesco S&P Ultra Dividend Revenue ETF by 5.0% during the 2nd quarter. Raymond James & Associates now owns 125,655 shares of the company’s stock worth $5,629,000 after acquiring an additional 6,005 shares during the period. Golden State Equity Partners acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF during the 2nd quarter worth $2,045,000. Finally, Cetera Investment Advisers grew its holdings in Invesco S&P Ultra Dividend Revenue ETF by 8.1% during the 2nd quarter. Cetera Investment Advisers now owns 38,778 shares of the company’s stock worth $1,737,000 after acquiring an additional 2,908 shares during the period.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

RDIV opened at $50.74 on Friday. The company has a fifty day moving average price of $49.13 and a two-hundred day moving average price of $46.69. Invesco S&P Ultra Dividend Revenue ETF has a 52 week low of $34.64 and a 52 week high of $50.90. The firm has a market capitalization of $856.47 million, a PE ratio of 12.00 and a beta of 0.95.

Invesco S&P Ultra Dividend Revenue ETF Company 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.