Park Avenue Securities LLC Cuts Position in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Park Avenue Securities LLC reduced its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 35.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,494 shares of the company’s stock after selling 5,240 shares during the quarter. Park Avenue Securities LLC owned 0.15% of Invesco Dow Jones Industrial Average Dividend ETF worth $456,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Win Advisors Inc. purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter worth about $24,770,000. Barry Investment Advisors LLC boosted its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 44.6% in the fourth quarter. Barry Investment Advisors LLC now owns 268,742 shares of the company’s stock worth $12,368,000 after acquiring an additional 82,868 shares during the last quarter. Level Four Advisory Services LLC raised its stake in Invesco Dow Jones Industrial Average Dividend ETF by 3.3% during the fourth quarter. Level Four Advisory Services LLC now owns 32,377 shares of the company’s stock worth $1,490,000 after purchasing an additional 1,026 shares during the period. Raymond James & Associates boosted its holdings in shares of Invesco Dow Jones Industrial Average Dividend ETF by 1.0% in the 4th quarter. Raymond James & Associates now owns 30,377 shares of the company’s stock valued at $1,398,000 after purchasing an additional 305 shares during the last quarter. Finally, Focus Financial Network Inc. ADV purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at $748,000.

Invesco Dow Jones Industrial Average Dividend ETF Stock Down 0.4 %

DJD stock opened at $47.34 on Friday. The company has a market cap of $297.77 million, a price-to-earnings ratio of 16.34 and a beta of 0.66. The business has a fifty day simple moving average of $47.48 and a 200-day simple moving average of $46.85. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $39.79 and a 52 week 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.