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

by · The Cerbat Gem

Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV – Get Free Report) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 54,034 shares, a growth of 144.2% from the November 30th total of 22,128 shares. Based on an average trading volume of 29,440 shares, the short-interest ratio is presently 1.8 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 29,440 shares, the short-interest ratio is presently 1.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its holdings in 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 worth $10,454,000 after acquiring an additional 22,344 shares in the last quarter. Simplicity Wealth LLC increased its holdings in shares of Invesco S&P Ultra Dividend Revenue ETF by 200.0% during the second quarter. Simplicity Wealth LLC now owns 30,066 shares of the company’s stock valued at $1,439,000 after acquiring an additional 20,044 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 3rd quarter valued at approximately $788,000. Concurrent Investment Advisors LLC purchased a new position in shares of Invesco S&P Ultra Dividend Revenue ETF in the 2nd quarter valued at approximately $695,000. Finally, Jones Financial Companies Lllp boosted its stake in Invesco S&P Ultra Dividend Revenue ETF by 25.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 70,420 shares of the company’s stock worth $3,698,000 after purchasing an additional 14,459 shares in the last quarter.

Invesco S&P Ultra Dividend Revenue ETF Price Performance

NYSEARCA RDIV traded up $0.07 on Friday, hitting $52.44. The stock had a trading volume of 45,977 shares, compared to its average volume of 37,014. The business’s fifty day moving average price is $52.54 and its 200 day moving average price is $50.94. The stock has a market cap of $846.91 million, a price-to-earnings ratio of 11.29 and a beta of 0.94. Invesco S&P Ultra Dividend Revenue ETF has a 52-week low of $41.50 and a 52-week high of $54.00.

Invesco S&P Ultra Dividend Revenue ETF Company Profile

(Get Free Report)

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.

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