Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Large Volume Increase – Here’s Why

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares saw unusually-high trading volume on Tuesday . Approximately 711,978 shares changed hands during trading, an increase of 208% from the previous session’s volume of 231,331 shares.The stock last traded at $27.77 and had previously closed at $27.72.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.2 %

The business has a fifty day simple moving average of $27.35 and a 200 day simple moving average of $27.85.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.0815 per share. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Investors Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC grew its position in shares of 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 in the last quarter. Whalen Wealth Management Inc. purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter valued at approximately $46,000. Brookstone Capital Management grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 11.7% in the fourth quarter. Brookstone Capital Management now owns 10,589 shares of the company’s stock valued at $286,000 after purchasing an additional 1,109 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 6.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,961,015 shares of the company’s stock valued at $53,006,000 after purchasing an additional 115,441 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the third quarter worth 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.