Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) Stock Position Reduced by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its position in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 2.1% in the first quarter, Holdings Channel.com reports. The fund owned 59,966 shares of the company’s stock after selling 1,312 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Dow Jones Industrial Average Dividend ETF were worth $2,881,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Barry Investment Advisors LLC boosted its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 5.2% in the first quarter. Barry Investment Advisors LLC now owns 282,742 shares of the company’s stock worth $13,586,000 after purchasing an additional 14,000 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 3.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 13,114 shares of the company’s stock valued at $630,000 after buying an additional 487 shares during the period. Focus Financial Network Inc. ADV bought a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $748,000. Level Four Advisory Services LLC lifted its holdings in Invesco Dow Jones Industrial Average Dividend ETF by 3.3% in the fourth quarter. Level Four Advisory Services LLC now owns 32,377 shares of the company’s stock worth $1,490,000 after acquiring an additional 1,026 shares during the last quarter. Finally, Principal Securities Inc. bought a new position in Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth about $116,000.

Invesco Dow Jones Industrial Average Dividend ETF Stock Down 0.2 %

Shares of NYSEARCA:DJD traded down $0.11 during trading on Friday, hitting $47.25. 4,973 shares of the company traded hands, compared to its average volume of 29,072. The business’s fifty day moving average is $47.53 and its 200-day moving average is $46.89. The stock has a market capitalization of $297.20 million, a price-to-earnings ratio of 16.34 and a beta of 0.66. Invesco Dow Jones Industrial Average Dividend ETF has a one year low of $39.79 and a one year high of $48.73.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

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.