Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Large Volume Increase – Still a Buy?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares saw strong trading volume on Monday . 649,448 shares were traded during mid-day trading, an increase of 255% from the previous session’s volume of 182,966 shares.The stock last traded at $27.34 and had previously closed at $27.39.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Down 0.9 %

The stock’s fifty day moving average price is $27.22 and its 200-day moving average price is $28.06.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a $0.0874 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

Hedge Funds Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Brookstone Capital Management lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.7% during the 3rd quarter. Brookstone Capital Management now owns 9,480 shares of the company’s stock worth $276,000 after buying an additional 674 shares during the last quarter. Good Life Advisors LLC acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF during the third quarter worth approximately $338,000. Orgel Wealth Management LLC lifted its position in Invesco Equal Weight 0-30 Year Treasury ETF by 8.5% during the third quarter. Orgel Wealth Management LLC now owns 4,901,615 shares of the company’s stock worth $142,539,000 after acquiring an additional 385,793 shares during the last quarter. Stratos Investment Management LLC boosted its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 85.8% during the third quarter. Stratos Investment Management LLC now owns 416,841 shares of the company’s stock worth $12,122,000 after acquiring an additional 192,452 shares during the period. Finally, Stewardship Advisors LLC grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 161.0% in the third quarter. Stewardship Advisors LLC now owns 541,692 shares of the company’s stock valued at $15,752,000 after purchasing an additional 334,178 shares during the last quarter.

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.