Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Stock Price Up 0.4%

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) rose 0.4% during trading on Monday . The stock traded as high as $48.14 and last traded at $48.12. Approximately 24,983 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 29,538 shares. The stock had previously closed at $47.91.

Invesco Dow Jones Industrial Average Dividend ETF Stock Down 0.3 %

The firm’s fifty day moving average price is $47.44 and its two-hundred day moving average price is $46.81. The stock has a market capitalization of $298.90 million, a PE ratio of 16.34 and a beta of 0.66.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC lifted its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 26.4% in the third quarter. Kestra Advisory Services LLC now owns 9,678 shares of the company’s stock worth $400,000 after buying an additional 2,020 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 63.2% during the third quarter. Harbour Investments Inc. now owns 7,178 shares of the company’s stock valued at $297,000 after purchasing an additional 2,779 shares in the last quarter. Advisor Resource Council bought a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth about $246,000. Raymond James & Associates increased its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 1.0% in the fourth quarter. Raymond James & Associates now owns 30,377 shares of the company’s stock worth $1,398,000 after purchasing an additional 305 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth about $276,000.

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.