Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Strong Trading Volume – Still a Buy?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares saw strong trading volume on Friday . 271,886 shares changed hands during trading, an increase of 2% from the previous session’s volume of 266,819 shares.The stock last traded at $26.86 and had previously closed at $27.05.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The company’s 50-day moving average is $27.61 and its 200 day moving average is $27.65.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.0826 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco Equal Weight 0-30 Year Treasury ETF’s previous dividend of $0.08.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Hedge funds have recently added to or reduced their stakes in the business. Whalen Wealth Management Inc. acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth approximately $46,000. Concord Wealth Partners raised its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% during the fourth quarter. Concord Wealth Partners now owns 6,944 shares of the company’s stock worth $188,000 after acquiring an additional 459 shares in the last quarter. Alteri Wealth LLC bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the fourth quarter valued at $206,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 4th quarter valued at $216,000. Finally, Private Trust Co. NA grew its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% in the 4th quarter. Private Trust Co. NA now owns 9,057 shares of the company’s stock worth $245,000 after purchasing an additional 603 shares during the last quarter.

About Invesco Equal Weight 0-30 Year Treasury ETF

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.