Short Interest in Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Declines By 29.3%

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 330 shares, a decrease of 29.3% from the December 31st total of 467 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,781 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 1,781 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Invesco S&P 500 High Dividend Growers ETF Trading Up 0.2%

DIVG stock traded up $0.06 during trading on Monday, reaching $34.00. 1,101 shares of the stock were exchanged, compared to its average volume of 1,362. Invesco S&P 500 High Dividend Growers ETF has a twelve month low of $27.25 and a twelve month high of $34.00. The company has a market capitalization of $9.52 million, a P/E ratio of 15.30 and a beta of 0.64. The stock has a 50 day simple moving average of $33.05 and a 200-day simple moving average of $32.52.

Invesco S&P 500 High Dividend Growers ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a dividend of $0.0977 per share. This is an increase from Invesco S&P 500 High Dividend Growers ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Tuesday, January 20th.

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

An institutional investor recently bought a new position in Invesco S&P 500 High Dividend Growers ETF stock. Horizon Family Wealth Inc. acquired a new position in shares of Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 102,380 shares of the company’s stock, valued at approximately $3,185,000. Invesco S&P 500 High Dividend Growers ETF accounts for about 1.9% of Horizon Family Wealth Inc.’s portfolio, making the stock its 13th largest holding. Horizon Family Wealth Inc. owned approximately 44.51% of Invesco S&P 500 High Dividend Growers ETF as of its most recent filing with the Securities and Exchange Commission.

Invesco S&P 500 High Dividend Growers ETF Company Profile

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.