Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Unusually-High Trading Volume – Should You Buy?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-strong trading volume on Friday . Approximately 2,615,808 shares changed hands during trading, an increase of 1,023% from the previous session’s volume of 232,991 shares.The stock last traded at $27.9640 and had previously closed at $27.92.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.2%

The firm’s 50 day moving average is $27.90 and its 200-day moving average is $27.41.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 24th. Investors of record on Monday, October 20th were paid a $0.0826 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, October 20th.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Several institutional investors have recently bought and sold shares of GOVI. LPL Financial LLC lifted its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 5.3% during the 1st quarter. LPL Financial LLC now owns 3,203,568 shares of the company’s stock valued at $89,123,000 after buying an additional 160,646 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 2.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,450,032 shares of the company’s stock worth $67,302,000 after acquiring an additional 54,698 shares in the last quarter. Cetera Investment Advisers raised its position in Invesco Equal Weight 0-30 Year Treasury ETF by 7.0% during the second quarter. Cetera Investment Advisers now owns 1,037,577 shares of the company’s stock worth $28,502,000 after acquiring an additional 67,708 shares during the period. Stewardship Advisors LLC raised its position in Invesco Equal Weight 0-30 Year Treasury ETF by 5.7% during the third quarter. Stewardship Advisors LLC now owns 772,700 shares of the company’s stock worth $21,450,000 after acquiring an additional 41,341 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 3.3% during the third quarter. Commonwealth Equity Services LLC now owns 747,968 shares of the company’s stock valued at $20,764,000 after purchasing an additional 23,773 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.