Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Sets New 52-Week High – Still a Buy?

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQGet Free Report)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $76.69 and last traded at $76.67, with a volume of 4289 shares traded. The stock had previously closed at $76.40.

Invesco Bloomberg Financial Data Providers ETF Trading Up 0.4%

The stock has a market cap of $559.69 million, a price-to-earnings ratio of 13.81 and a beta of 0.78. The firm’s 50 day moving average is $70.95 and its two-hundred day moving average is $70.26.

Hedge Funds Weigh In On Invesco Bloomberg Financial Data Providers ETF

Institutional investors have recently modified their holdings of the company. Nwam LLC purchased a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the fourth quarter valued at approximately $416,000. Corient Private Wealth LLC purchased a new stake in Invesco Bloomberg Financial Data Providers ETF in the 4th quarter worth approximately $389,000. Jane Street Group LLC acquired a new position in Invesco Bloomberg Financial Data Providers ETF in the 1st quarter valued at $302,000. Osaic Holdings Inc. raised its holdings in Invesco Bloomberg Financial Data Providers ETF by 10.5% in the 4th quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock valued at $265,000 after acquiring an additional 407 shares during the last quarter. Finally, SOL Capital Management CO purchased a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 4th quarter worth $203,000.

Invesco Bloomberg Financial Data Providers ETF Company Profile

(Get Free Report)

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.

The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.

Further Reading

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