Principal Securities Inc. Sells 947 Shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Principal Securities Inc. lessened its stake in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 63.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 541 shares of the company’s stock after selling 947 shares during the quarter. Principal Securities Inc.’s holdings in Invesco Dow Jones Industrial Average Dividend ETF were worth $27,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. WealthPlan Investment Management LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter valued at about $3,868,000. Barry Investment Advisors LLC grew its position in Invesco Dow Jones Industrial Average Dividend ETF by 6.2% during the fourth quarter. Barry Investment Advisors LLC now owns 324,627 shares of the company’s stock worth $16,463,000 after buying an additional 18,904 shares in the last quarter. Creekside Partners bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the third quarter worth approximately $210,000. OneDigital Investment Advisors LLC purchased a new position in Invesco Dow Jones Industrial Average Dividend ETF in the third quarter worth $201,000. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $120,000.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

DJD stock opened at $54.48 on Friday. The firm has a market cap of $347.58 million, a P/E ratio of 20.32 and a beta of 0.85. The firm’s fifty day moving average is $52.46 and its 200 day moving average is $52.09. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $45.82 and a 52 week high of $54.50.

Invesco Dow Jones Industrial Average Dividend ETF 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.