Invesco Equal Weight 0-30 Years Treasury ETF (NASDAQ:PLW) Reaches New 1-Year Low at $27.23

Invesco Equal Weight 0-30 Years Treasury ETF (NASDAQ:PLW)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $27.23 and last traded at $27.25, with a volume of 38647 shares changing hands. The stock had previously closed at $27.59.

Invesco Equal Weight 0-30 Years Treasury ETF Price Performance

The firm has a 50-day moving average of $27.48 and a two-hundred day moving average of $27.84.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN boosted its holdings in Invesco Equal Weight 0-30 Years Treasury ETF by 116.9% in the fourth quarter. Wells Fargo & Company MN now owns 584,463 shares of the company’s stock valued at $16,850,000 after purchasing an additional 315,036 shares during the period. Campbell Wealth Management boosted its holdings in Invesco Equal Weight 0-30 Years Treasury ETF by 2.9% in the fourth quarter. Campbell Wealth Management now owns 700,663 shares of the company’s stock valued at $20,200,000 after purchasing an additional 19,846 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in Invesco Equal Weight 0-30 Years Treasury ETF in the fourth quarter valued at $4,556,000. Spectrum Investment Advisors Inc. purchased a new position in Invesco Equal Weight 0-30 Years Treasury ETF in the fourth quarter valued at $9,968,000. Finally, Mission Wealth Management LP purchased a new position in Invesco Equal Weight 0-30 Years Treasury ETF in the fourth quarter valued at $114,000.

Invesco Equal Weight 0-30 Years Treasury ETF Company Profile

The Invesco 1-30 Laddered Treasury ETF (PLW) 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. PLW was launched on Oct 11, 2007 and is managed by Invesco.