Invesco S&P Ultra Dividend Revenue ETF $RDIV Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lessened its stake in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 45.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,548 shares of the company’s stock after selling 54,539 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.32% of Invesco S&P Ultra Dividend Revenue ETF worth $3,463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RDIV. Tactive Advisors LLC acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the fourth quarter valued at approximately $6,684,000. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 11.4% in the second quarter. Ameriprise Financial Inc. now owns 218,614 shares of the company’s stock valued at $10,454,000 after purchasing an additional 22,344 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at approximately $788,000. Jones Financial Companies Lllp increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 25.8% in the third quarter. Jones Financial Companies Lllp now owns 70,420 shares of the company’s stock valued at $3,698,000 after purchasing an additional 14,459 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of Invesco S&P Ultra Dividend Revenue ETF in the third quarter valued at approximately $705,000.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

NYSEARCA:RDIV opened at $58.54 on Monday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 11.29 and a beta of 0.77. The company’s 50-day moving average is $55.72 and its two-hundred day moving average is $54.57. Invesco S&P Ultra Dividend Revenue ETF has a 1-year low of $45.90 and a 1-year high of $58.60.

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.