Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Shares Up 0.2% – Time to Buy?

Shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) rose 0.2% on Thursday . The stock traded as high as $51.37 and last traded at $51.37. Approximately 17,675 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 23,568 shares. The stock had previously closed at $51.25.

Invesco Dow Jones Industrial Average Dividend ETF Price Performance

The business has a 50 day moving average price of $52.31 and a two-hundred day moving average price of $50.71. The stock has a market cap of $321.29 million, a PE ratio of 16.34 and a beta of 0.66.

Institutional Investors Weigh In On Invesco Dow Jones Industrial Average Dividend ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Fairfield Financial Advisors LTD bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF during the second quarter valued at approximately $30,000. Asset Dedication LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 3rd quarter valued at $42,000. OneDigital Investment Advisors LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 3rd quarter valued at $201,000. Creekside Partners bought a new position in Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter worth $210,000. Finally, Transform Wealth LLC purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 3rd quarter worth about $231,000.

About Invesco Dow Jones Industrial Average Dividend ETF

The Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an index comprising dividend-paying securities of the companies listed on the Dow Jones Industrial Average, weighted by yield. DJD was launched on Dec 16, 2015 and is managed by Invesco.