Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Trading Up 1.5% – Time to Buy?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares rose 1.5% during mid-day trading on Friday . The stock traded as high as $28.55 and last traded at $28.58. Approximately 26,795 shares were traded during trading, a decline of 89% from the average daily volume of 236,744 shares. The stock had previously closed at $28.17.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.6 %

The business has a 50 day simple moving average of $27.58 and a two-hundred day simple moving average of $27.72.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC raised its position in Invesco Equal Weight 0-30 Year Treasury ETF by 228.3% in the third quarter. Jane Street Group LLC now owns 28,582 shares of the company’s stock valued at $831,000 after purchasing an additional 19,877 shares during the period. Whalen Wealth Management Inc. acquired a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth approximately $46,000. Brookstone Capital Management boosted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 11.7% in the 4th quarter. Brookstone Capital Management now owns 10,589 shares of the company’s stock worth $286,000 after acquiring an additional 1,109 shares during the period. Bank of New York Mellon Corp boosted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 6.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,961,015 shares of the company’s stock worth $53,006,000 after acquiring an additional 115,441 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the third quarter valued at approximately $471,000.

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.