Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Strong Trading Volume – Here’s Why

Shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-strong trading volume on Monday . Approximately 649,448 shares were traded during 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 Trading Down 0.9 %

The company has a 50-day moving average price of $27.22 and a 200-day moving average price of $28.06.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a $0.0874 dividend. The ex-dividend date was Tuesday, January 21st.

Institutional Inflows and Outflows

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