Gateway Wealth Partners LLC Has $2.76 Million Holdings in Invesco S&P Ultra Dividend Revenue ETF $RDIV

Gateway Wealth Partners LLC increased its stake in shares of Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) by 98.0% during the first quarter, HoldingsChannel reports. The fund owned 49,540 shares of the company’s stock after buying an additional 24,518 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco S&P Ultra Dividend Revenue ETF were worth $2,757,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in RDIV. Cetera Investment Advisers boosted its stake in Invesco S&P Ultra Dividend Revenue ETF by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 83,366 shares of the company’s stock worth $4,640,000 after purchasing an additional 563 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 21.9% in the first quarter. Geneos Wealth Management Inc. now owns 5,639 shares of the company’s stock valued at $314,000 after purchasing an additional 1,014 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 11.6% in the first quarter. Sanctuary Advisors LLC now owns 10,714 shares of the company’s stock valued at $596,000 after purchasing an additional 1,110 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of Invesco S&P Ultra Dividend Revenue ETF during the first quarter worth about $467,000. Finally, Kestra Advisory Services LLC boosted its position in shares of Invesco S&P Ultra Dividend Revenue ETF by 6.0% during the first quarter. Kestra Advisory Services LLC now owns 11,406 shares of the company’s stock worth $635,000 after buying an additional 649 shares during the period.

Invesco S&P Ultra Dividend Revenue ETF Stock Performance

NYSEARCA:RDIV opened at $62.62 on Tuesday. The stock has a 50-day simple moving average of $59.06 and a 200 day simple moving average of $56.70. Invesco S&P Ultra Dividend Revenue ETF has a 52-week low of $47.28 and a 52-week high of $62.71. The company has a market cap of $1.38 billion, a PE ratio of 11.29 and a beta of 0.77.

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.