Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,720 shares, a drop of 69.5% from the August 15th total of 5,634 shares. Based on an average trading volume of 1,404 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are sold short.
Invesco S&P 500 High Dividend Growers ETF Trading Up 0.9%
Shares of NYSEARCA:DIVG traded up $0.33 during midday trading on Friday, hitting $37.80. The stock had a trading volume of 563 shares, compared to its average volume of 1,436. Invesco S&P 500 High Dividend Growers ETF has a 1 year low of $31.47 and a 1 year high of $38.74. The stock has a 50 day moving average price of $37.88 and a two-hundred day moving average price of $36.28. The company has a market capitalization of $11.34 million, a PE ratio of 15.30 and a beta of 0.43.
Hedge Funds Weigh In On Invesco S&P 500 High Dividend Growers ETF
A number of large investors have recently modified their holdings of the business. Ascentis Independent Advisors purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF in the first quarter valued at approximately $61,000. Virtu Financial LLC lifted its holdings in Invesco S&P 500 High Dividend Growers ETF by 36.4% in the fourth quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock valued at $294,000 after acquiring an additional 2,399 shares during the period. Kingsview Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the 4th quarter worth $831,000. Finally, Horizon Family Wealth Inc. boosted its position in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% during the 4th quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock worth $3,519,000 after purchasing an additional 4,891 shares in the last quarter.
About Invesco S&P 500 High Dividend Growers ETF
The Invesco S&P 500 High Dividend Growers ETF (DIVG) is an exchange-traded fund that is based on the S&P 500 High Dividend Growth index. The fund tracks a yield-weighted index of 100 companies in the S&P 500 with the highest forecasted dividend yield growth. DIVG was launched on Dec 6, 2023 and is issued by Invesco.
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