Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Shares Up 0.2% – Time to Buy?

Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) shares were up 0.2% during trading on Monday . The stock traded as high as $59.32 and last traded at $58.99. Approximately 46,027 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 51,567 shares. The stock had previously closed at $58.86.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

The firm has a market capitalization of $410.57 million, a P/E ratio of 17.48 and a beta of 0.79. The stock has a fifty day moving average price of $60.89 and a two-hundred day moving average price of $57.99.

Institutional Trading of Invesco Dow Jones Industrial Average Dividend ETF

Several institutional investors have recently added to or reduced their stakes in DJD. Bogart Wealth LLC acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the third quarter worth $26,000. Blair William & Co. IL acquired a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter valued at about $26,000. Steward Partners Investment Advisory LLC acquired a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter valued at about $45,000. Cherry Tree Wealth Management LLC bought a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $63,000. Finally, Ankerstar Wealth LLC bought a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $69,000.

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.