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

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,351 shares, a growth of 120.4% from the July 15th total of 2,428 shares. Based on an average daily trading volume, of 1,619 shares, the short-interest ratio is currently 3.3 days. Currently, 1.8% of the shares of the company are short sold.

Invesco S&P 500 High Dividend Growers ETF Trading Up 0.0%

Shares of Invesco S&P 500 High Dividend Growers ETF stock traded up $0.01 during trading hours on Friday, reaching $38.74. The stock had a trading volume of 901 shares, compared to its average volume of 1,454. The stock’s 50 day moving average is $37.18 and its 200 day moving average is $35.82. Invesco S&P 500 High Dividend Growers ETF has a twelve month low of $31.47 and a twelve month high of $38.74. The firm has a market capitalization of $11.62 million, a PE ratio of 15.30 and a beta of 0.43.

Hedge Funds Weigh In On Invesco S&P 500 High Dividend Growers ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Ascentis Independent Advisors purchased a new position in Invesco S&P 500 High Dividend Growers ETF during the first quarter worth approximately $61,000. Virtu Financial LLC increased its position in shares of Invesco S&P 500 High Dividend Growers ETF by 36.4% in the fourth quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after buying an additional 2,399 shares in the last quarter. Horizon Family Wealth Inc. increased its position in shares of 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 buying an additional 4,891 shares in the last quarter. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Invesco S&P 500 High Dividend Growers ETF during the 4th quarter worth approximately $831,000.

About Invesco S&P 500 High Dividend Growers ETF

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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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