Envestnet Asset Management Inc. Raises Stock Position in Invesco Dow Jones Industrial Average Dividend ETF $DJD

Envestnet Asset Management Inc. grew its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 15.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 35,668 shares of the company’s stock after acquiring an additional 4,760 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco Dow Jones Industrial Average Dividend ETF were worth $1,897,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF during the second quarter worth approximately $72,000. Berkshire Money Management Inc. purchased a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 2nd quarter worth approximately $82,000. Private Advisor Group LLC bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 1st quarter valued at approximately $323,000. Harbour Investments Inc. increased its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 2.8% during the 2nd quarter. Harbour Investments Inc. now owns 8,992 shares of the company’s stock valued at $478,000 after purchasing an additional 244 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 325.7% during the 1st quarter. Jones Financial Companies Lllp now owns 11,222 shares of the company’s stock valued at $564,000 after buying an additional 8,586 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Stock Down 0.0%

NYSEARCA DJD opened at $56.28 on Wednesday. The company has a fifty day moving average of $55.37 and a two-hundred day moving average of $53.84. The firm has a market capitalization of $360.19 million, a price-to-earnings ratio of 17.48 and a beta of 0.79. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $46.64 and a 52 week high of $57.48.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

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.