Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Shares Down 0.2% – Here’s Why

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)’s share price traded down 0.2% on Wednesday . The company traded as low as $58.31 and last traded at $58.41. 28,854 shares were traded during trading, a decline of 32% from the average session volume of 42,242 shares. The stock had previously closed at $58.54.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

The firm has a fifty day moving average of $57.72 and a 200 day moving average of $55.82. The firm has a market capitalization of $401.28 million, a PE ratio of 17.48 and a beta of 0.79.

Institutional Investors Weigh In On Invesco Dow Jones Industrial Average Dividend ETF

A number of large investors have recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC grew its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 0.8% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 23,510 shares of the company’s stock worth $1,298,000 after buying an additional 196 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF by 2.8% in the second quarter. Harbour Investments Inc. now owns 8,992 shares of the company’s stock worth $478,000 after purchasing an additional 244 shares in the last quarter. Level Four Advisory Services LLC increased its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 1.2% during the third quarter. Level Four Advisory Services LLC now owns 27,661 shares of the company’s stock valued at $1,527,000 after purchasing an additional 340 shares during the period. Jaffetilchin Investment Partners LLC raised its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF by 4.7% during the second quarter. Jaffetilchin Investment Partners LLC now owns 9,602 shares of the company’s stock valued at $511,000 after purchasing an additional 430 shares in the last quarter. Finally, Bogart Wealth LLC acquired a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the third quarter worth about $26,000.

About Invesco Dow Jones Industrial Average Dividend ETF

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.