Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Update

by · The Markets Daily

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,286 shares, a decrease of 62.0% from the April 30th total of 3,381 shares. Based on an average trading volume of 2,507 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s stock are sold short.

Invesco S&P 500 High Dividend Growers ETF Stock Performance

Shares of Invesco S&P 500 High Dividend Growers ETF stock traded down $0.02 during trading hours on Monday, reaching $35.65. 2,560 shares of the company were exchanged, compared to its average volume of 1,287. Invesco S&P 500 High Dividend Growers ETF has a 1 year low of $30.19 and a 1 year high of $36.06. The stock’s fifty day moving average is $35.20 and its 200 day moving average is $34.20. The firm has a market cap of $10.34 million, a PE ratio of 15.30 and a beta of 0.50.

Institutional Trading of Invesco S&P 500 High Dividend Growers ETF

A number of large investors have recently modified their holdings of the stock. Horizon Family Wealth Inc. increased its position in shares of Invesco S&P 500 High Dividend Growers ETF by 4.8% during the fourth quarter. Horizon Family Wealth Inc. now owns 107,758 shares of the company’s stock worth $3,519,000 after acquiring an additional 4,891 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 fourth quarter worth $831,000. Virtu Financial LLC increased its position in shares of Invesco S&P 500 High Dividend Growers ETF by 36.4% during the fourth quarter. Virtu Financial LLC now owns 8,989 shares of the company’s stock worth $294,000 after acquiring an additional 2,399 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in shares of Invesco S&P 500 High Dividend Growers ETF during the first quarter worth $61,000.

About Invesco S&P 500 High Dividend Growers ETF

(Get Free Report)

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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