Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Strong Trading Volume – Here’s Why

Shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-high trading volume on Friday . Approximately 137,354 shares changed hands during trading, a decline of 18% from the previous session’s volume of 167,286 shares.The stock last traded at $27.80 and had previously closed at $27.69.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.2 %

The firm has a fifty day moving average of $27.21 and a two-hundred day moving average of $27.94.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.0815 per share. The ex-dividend date of this dividend was Monday, February 24th.

Hedge Funds Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

A number of hedge funds have recently modified their holdings of the company. GTS Securities LLC acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter valued at approximately $293,000. EP Wealth Advisors LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF during the fourth quarter worth $463,000. Alteri Wealth LLC acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF during the fourth quarter valued at $206,000. Two Sigma Securities LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter valued at $388,000. Finally, Susquehanna International Group LLP acquired a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth about $3,234,000.

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.