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) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $26.22 and last traded at $26.40, with a volume of 257 shares. The stock had previously closed at $26.37.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The company’s fifty day moving average price is $26.59 and its 200 day moving average price is $27.03.

Invesco Equal Weight 0-30 Year Treasury ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.0924 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Wealthspire Retirement LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at about $570,000. Wilian Securities LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth $2,938,000. WealthBridge Capital Management LLC bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $1,069,000. Petix & Botte Co raised its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 15.4% in the fourth quarter. Petix & Botte Co now owns 601,069 shares of the company’s stock valued at $16,559,000 after buying an additional 80,063 shares during the period. Finally, Econ Financial Services Corp bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter worth $6,167,000.

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.