Fairfield Financial Advisors LTD Invests $30,000 in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Fairfield Financial Advisors LTD purchased a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 635 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DJD. Principal Securities Inc. purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter valued at approximately $116,000. Saxony Capital Management LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the first quarter valued at approximately $239,000. Apella Capital LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the second quarter valued at approximately $268,000. Oppenheimer & Co. Inc. purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the first quarter valued at approximately $296,000. Finally, Jaffetilchin Investment Partners LLC grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 2.5% in the second quarter. Jaffetilchin Investment Partners LLC now owns 8,358 shares of the company’s stock valued at $396,000 after purchasing an additional 203 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

Invesco Dow Jones Industrial Average Dividend ETF stock opened at $51.35 on Monday. Invesco Dow Jones Industrial Average Dividend ETF has a 1 year low of $39.79 and a 1 year high of $51.64. The firm has a 50 day moving average price of $49.56 and a 200 day moving average price of $48.11. The company has a market cap of $322.99 million, a price-to-earnings ratio of 16.34 and a beta of 0.66.

About Invesco Dow Jones Industrial Average Dividend ETF

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.