Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Shares Up 0.4%

Shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJDGet Free Report) shot up 0.4% during mid-day trading on Monday . The company traded as high as $48.14 and last traded at $48.12. 24,983 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 29,538 shares. The stock had previously closed at $47.91.

Invesco Dow Jones Industrial Average Dividend ETF Stock Up 0.4 %

The firm’s 50-day moving average is $47.38 and its 200-day moving average is $46.78. The company has a market cap of $302.67 million, a PE ratio of 16.34 and a beta of 0.66.

Hedge Funds Weigh In On Invesco Dow Jones Industrial Average Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of DJD. Raymond James & Associates grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 1.0% in the fourth quarter. Raymond James & Associates now owns 30,377 shares of the company’s stock worth $1,398,000 after purchasing an additional 305 shares during the period. Good Life Advisors LLC grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 5.6% in the fourth quarter. Good Life Advisors LLC now owns 8,408 shares of the company’s stock worth $387,000 after purchasing an additional 444 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 3.9% in the first quarter. Wealthcare Advisory Partners LLC now owns 13,114 shares of the company’s stock worth $630,000 after purchasing an additional 487 shares during the period. SYM FINANCIAL Corp purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth about $37,000. Finally, Level Four Advisory Services LLC grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 3.3% in the fourth quarter. Level Four Advisory Services LLC now owns 32,377 shares of the company’s stock worth $1,490,000 after purchasing an additional 1,026 shares during the period.

About Invesco Dow Jones Industrial Average Dividend ETF

(Get Free Report)

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.

Further Reading

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