Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Sees Large Decline in Short Interest

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,720 shares, a drop of 69.5% from the August 15th total of 5,634 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 1,404 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On Invesco S&P 500 High Dividend Growers ETF

Institutional investors have recently bought and sold shares of the business. Ascentis Independent Advisors acquired a new position in shares of Invesco S&P 500 High Dividend Growers ETF in the 1st quarter valued at $61,000. Virtu Financial LLC lifted its holdings in shares of Invesco S&P 500 High Dividend Growers ETF by 36.4% during the 4th quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock worth $294,000 after acquiring an additional 2,399 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the 4th quarter valued at about $831,000. Finally, Horizon Family Wealth Inc. increased its stake in Invesco S&P 500 High Dividend Growers ETF by 4.8% in the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock valued at $3,519,000 after acquiring an additional 4,891 shares during the period.

Invesco S&P 500 High Dividend Growers ETF Stock Up 0.9%

Invesco S&P 500 High Dividend Growers ETF stock traded up $0.33 during mid-day trading on Friday, reaching $37.80. The company had a trading volume of 563 shares, compared to its average volume of 1,436. The firm has a market cap of $11.34 million, a price-to-earnings ratio of 15.30 and a beta of 0.43. The company has a 50 day moving average of $37.88 and a 200-day moving average of $36.28. Invesco S&P 500 High Dividend Growers ETF has a 52 week low of $31.47 and a 52 week high of $38.74.

Invesco S&P 500 High Dividend Growers ETF Company Profile

(Get Free Report)

The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.

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