Short Interest in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Declines By 44.0%

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJDGet Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 3,168 shares, a decline of 44.0% from the April 15th total of 5,660 shares. Based on an average daily volume of 31,715 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco Dow Jones Industrial Average Dividend ETF Trading Up 0.9%

Shares of NYSEARCA DJD traded up $0.55 during midday trading on Monday, hitting $61.33. The company’s stock had a trading volume of 22,320 shares, compared to its average volume of 46,996. The stock has a fifty day moving average price of $60.14 and a 200 day moving average price of $59.15. Invesco Dow Jones Industrial Average Dividend ETF has a one year low of $50.89 and a one year high of $62.81. The firm has a market capitalization of $458.14 million, a price-to-earnings ratio of 17.48 and a beta of 0.69.

Institutional Trading of Invesco Dow Jones Industrial Average Dividend ETF

Several hedge funds and other institutional investors have recently modified their holdings of DJD. LPL Financial LLC increased its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 644,401 shares of the company’s stock worth $36,821,000 after acquiring an additional 65,189 shares during the period. MRA Advisory Group increased its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 0.7% during the 1st quarter. MRA Advisory Group now owns 248,929 shares of the company’s stock worth $14,871,000 after acquiring an additional 1,717 shares during the period. David Kennon Inc bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter worth approximately $11,774,000. Bank of America Corp DE increased its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 4.0% during the 3rd quarter. Bank of America Corp DE now owns 131,852 shares of the company’s stock worth $7,281,000 after acquiring an additional 5,100 shares during the period. Finally, Cetera Investment Advisers increased its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 6.4% during the 1st quarter. Cetera Investment Advisers now owns 48,457 shares of the company’s stock worth $2,895,000 after acquiring an additional 2,908 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

(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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