Gateway Wealth Partners LLC Makes New $1.15 Million Investment in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV)

Gateway Wealth Partners LLC acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 25,697 shares of the company’s stock, valued at approximately $1,151,000. Gateway Wealth Partners LLC owned about 0.15% of Invesco S&P Ultra Dividend Revenue ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth about $32,000. CWM LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth about $59,000. PNC Financial Services Group Inc. grew its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 577.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,643 shares of the company’s stock worth $116,000 after buying an additional 2,253 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the second quarter worth about $137,000. Finally, MONECO Advisors LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the fourth quarter worth about $224,000.

Invesco S&P Ultra Dividend Revenue ETF Stock Up 0.6 %

Shares of NYSEARCA:RDIV opened at $49.72 on Monday. The company has a market cap of $839.27 million, a P/E ratio of 12.00 and a beta of 0.95. Invesco S&P Ultra Dividend Revenue ETF has a 52 week low of $34.64 and a 52 week high of $50.41. The company has a 50-day moving average price of $48.52 and a 200 day moving average price of $46.22.

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.