Northwestern Mutual Wealth Management Co. Has $7.71 Million Stock Holdings in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Northwestern Mutual Wealth Management Co. decreased its position in Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 14.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 161,039 shares of the company’s stock after selling 27,801 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.98% of Invesco S&P Ultra Dividend Revenue ETF worth $7,706,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. CWM LLC raised its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 27.1% in the second quarter. CWM LLC now owns 2,108 shares of the company’s stock valued at $101,000 after purchasing an additional 450 shares during the last quarter. Rise Advisors LLC grew its position in Invesco S&P Ultra Dividend Revenue ETF by 11.3% in the first quarter. Rise Advisors LLC now owns 3,085 shares of the company’s stock valued at $151,000 after purchasing an additional 312 shares in the last quarter. Integrity Alliance LLC. acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the 1st quarter valued at $243,000. Prospera Financial Services Inc acquired a new stake in Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at $249,000. Finally, Geneos Wealth Management Inc. lifted its position in Invesco S&P Ultra Dividend Revenue ETF by 6.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,469 shares of the company’s stock worth $267,000 after buying an additional 344 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

Invesco S&P Ultra Dividend Revenue ETF stock opened at $53.27 on Tuesday. The company has a market cap of $860.31 million, a price-to-earnings ratio of 11.29 and a beta of 0.94. The firm has a 50-day moving average of $52.12 and a 200-day moving average of $50.22. Invesco S&P Ultra Dividend Revenue ETF has a one year low of $41.50 and a one year high of $53.55.

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.