Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sets New 52-Week Low – Time to Sell?

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) reached a new 52-week low during trading on Tuesday . The stock traded as low as $26.22 and last traded at $26.40, with a volume of 257 shares changing hands. The stock had previously closed at $26.37.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

The business’s 50-day simple moving average is $26.59 and its two-hundred day simple moving average is $27.03.

Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.0924 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) annualized dividend and a yield of 4.2%.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

A number of large investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC increased its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 151.3% in the second quarter. Concurrent Investment Advisors LLC now owns 422,281 shares of the company’s stock valued at $11,465,000 after acquiring an additional 254,271 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% in the 2nd quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock worth $182,000 after purchasing an additional 6,172 shares in the last quarter. Curry Webb Wealth Management LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth about $1,172,000. Bank of America Corp DE increased its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% during the 1st quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock valued at $18,534,000 after purchasing an additional 536,650 shares during the last quarter. Finally, Wealthspire Retirement LLC bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at about $570,000.

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.