Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sets New 1-Year Low – What’s Next?

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $25.97 and last traded at $25.98, with a volume of 405 shares. The stock had previously closed at $25.99.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

The company’s 50-day simple moving average is $26.51 and its 200 day simple moving average is $26.98.

Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a $0.0924 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, August 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth approximately $27,000. Operose Advisors LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth $38,000. Northwestern Mutual Wealth Management Co. increased its position in Invesco Equal Weight 0-30 Year Treasury ETF by 97.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,757 shares of the company’s stock worth $76,000 after buying an additional 1,364 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $142,000. Finally, CoreCap Advisors LLC raised its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% in the second quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock valued at $182,000 after buying an additional 6,172 shares during the period.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

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.