Janney Montgomery Scott LLC Grows Holdings in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Janney Montgomery Scott LLC increased its position in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,570 shares of the company’s stock after acquiring an additional 699 shares during the quarter. Janney Montgomery Scott LLC owned about 0.49% of Invesco Dow Jones Industrial Average Dividend ETF worth $1,608,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DJD. Fairfield Financial Advisors LTD bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the second quarter worth $30,000. Asset Dedication LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the third quarter worth about $42,000. Transform Wealth LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the third quarter worth about $231,000. Saxony Capital Management LLC lifted its stake in Invesco Dow Jones Industrial Average Dividend ETF by 13.1% in the second quarter. Saxony Capital Management LLC now owns 5,619 shares of the company’s stock worth $266,000 after acquiring an additional 653 shares during the period. Finally, Apella Capital LLC purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the second quarter worth about $268,000.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

Shares of Invesco Dow Jones Industrial Average Dividend ETF stock opened at $52.35 on Thursday. The company has a market capitalization of $329.28 million, a PE ratio of 16.34 and a beta of 0.66. The company has a 50-day simple moving average of $51.81 and a two-hundred day simple moving average of $49.59. Invesco Dow Jones Industrial Average Dividend ETF has a one year low of $41.89 and a one year high of $53.30.

About Invesco Dow Jones Industrial Average Dividend ETF

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.