Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw strong trading volume on Friday . 137,354 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 167,286 shares.The stock last traded at $27.80 and had previously closed at $27.69.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The stock’s 50 day moving average is $27.23 and its 200-day moving average is $27.92.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a dividend of $0.0815 per share. The ex-dividend date of this dividend was Monday, February 24th.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Concord Wealth Partners lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% during the 4th quarter. Concord Wealth Partners now owns 6,944 shares of the company’s stock valued at $188,000 after acquiring an additional 459 shares during the period. Private Trust Co. NA lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% during the 4th quarter. Private Trust Co. NA now owns 9,057 shares of the company’s stock valued at $245,000 after acquiring an additional 603 shares during the period. Prospera Financial Services Inc lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 1.2% during the 3rd quarter. Prospera Financial Services Inc now owns 60,196 shares of the company’s stock valued at $1,750,000 after acquiring an additional 705 shares during the period. World Investment Advisors LLC lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 6.3% during the 3rd quarter. World Investment Advisors LLC now owns 18,106 shares of the company’s stock valued at $527,000 after acquiring an additional 1,069 shares during the period. Finally, Brookstone Capital Management lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 11.7% during the 4th quarter. Brookstone Capital Management now owns 10,589 shares of the company’s stock valued at $286,000 after acquiring an additional 1,109 shares during the period.

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.