Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) Short Interest Update

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,800 shares, a drop of 35.7% from the August 15th total of 2,800 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 28,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 28,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Invesco S&P Ultra Dividend Revenue ETF

Hedge funds have recently bought and sold shares of the company. Tower Research Capital LLC TRC lifted its holdings in Invesco S&P Ultra Dividend Revenue ETF by 1,666.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,339 shares of the company’s stock valued at $160,000 after buying an additional 3,150 shares during the period. Bank of America Corp DE lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 1.9% in the 2nd quarter. Bank of America Corp DE now owns 550,790 shares of the company’s stock valued at $26,355,000 after purchasing an additional 10,160 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Invesco S&P Ultra Dividend Revenue ETF by 11.4% in the 2nd 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 period. Gateway Wealth Partners LLC boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 5.5% during the 2nd quarter. Gateway Wealth Partners LLC now owns 24,078 shares of the company’s stock valued at $1,152,000 after purchasing an additional 1,246 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its stake in Invesco S&P Ultra Dividend Revenue ETF by 1.0% during the second quarter. WCG Wealth Advisors LLC now owns 25,287 shares of the company’s stock worth $1,210,000 after purchasing an additional 253 shares during the period.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

NYSEARCA:RDIV opened at $52.25 on Monday. The company has a market capitalization of $855.33 million, a PE ratio of 11.29 and a beta of 1.09. Invesco S&P Ultra Dividend Revenue ETF has a fifty-two week low of $41.50 and a fifty-two week high of $53.02. The company has a 50 day simple moving average of $50.03 and a two-hundred day simple moving average of $48.13.

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.