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

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw an uptick in trading volume on Tuesday . 8,766,269 shares changed hands during mid-day trading, an increase of 2,150% from the previous session’s volume of 389,691 shares.The stock last traded at $28.09 and had previously closed at $28.03.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The business has a 50-day moving average of $27.62 and a 200-day moving average of $27.72.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.0887 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Invesco Ltd. raised its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 111.3% during the 3rd quarter. Invesco Ltd. now owns 5,510,388 shares of the company’s stock valued at $152,968,000 after acquiring an additional 2,902,282 shares during the last quarter. Asset Allocation Strategies LLC acquired a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the third quarter worth $12,735,000. Integrated Capital Management LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter valued at $9,614,000. Signal Advisors Wealth LLC acquired a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter valued at $5,222,000. Finally, Federation des caisses Desjardins du Quebec raised its position in Invesco Equal Weight 0-30 Year Treasury ETF by 55.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 499,300 shares of the company’s stock worth $13,756,000 after buying an additional 178,000 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.