Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,607 shares, an increase of 191.7% from the June 15th total of 551 shares. Based on an average daily trading volume, of 716 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.5% of the shares of the stock are short sold.
Institutional Investors Weigh In On Invesco S&P 500 High Dividend Growers ETF
Several large investors have recently bought and sold shares of DIVG. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 High Dividend Growers ETF in the fourth quarter worth approximately $831,000. Ascentis Independent Advisors purchased a new position in Invesco S&P 500 High Dividend Growers ETF in the 1st quarter valued at $61,000. Virtu Financial LLC boosted its stake in 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 purchasing an additional 2,399 shares during the last quarter. Finally, Horizon Family Wealth Inc. grew its holdings in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% during the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock worth $3,519,000 after buying an additional 4,891 shares in the last quarter.
Invesco S&P 500 High Dividend Growers ETF Price Performance
NYSEARCA DIVG traded up $0.21 on Monday, hitting $37.31. The company had a trading volume of 1,284 shares, compared to its average volume of 1,466. The company has a market capitalization of $10.82 million, a PE ratio of 15.30 and a beta of 0.45. Invesco S&P 500 High Dividend Growers ETF has a 12-month low of $31.34 and a 12-month high of $37.39. The company’s fifty day moving average price is $36.09 and its 200-day moving average price is $35.01.
Invesco S&P 500 High Dividend Growers ETF Company Profile
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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