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 on Monday . The company traded as low as $25.97 and last traded at $25.98, with a volume of 405 shares trading hands. The stock had previously closed at $25.99.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Down 0.0%

The stock has a fifty day moving average of $26.51 and a two-hundred day moving average of $26.98.

Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The business also recently declared 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 of this dividend was Monday, August 24th.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ascentis Independent Advisors purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter worth about $27,000. Operose Advisors LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter valued at about $38,000. Northwestern Mutual Wealth Management Co. grew its holdings 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 purchasing an additional 1,364 shares during the period. Fifth Third Bancorp purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at approximately $142,000. Finally, CoreCap Advisors LLC grew its stake 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 buying an additional 6,172 shares during the last quarter.

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.