Raymond James Financial Inc. Invests $1.86 Million in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Raymond James Financial Inc. purchased a new stake in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 36,657 shares of the company’s stock, valued at approximately $1,859,000. Raymond James Financial Inc. owned 0.58% of Invesco Dow Jones Industrial Average Dividend ETF as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. WealthPlan Investment Management LLC acquired a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $3,868,000. Sigma Planning Corp acquired a new position in Invesco Dow Jones Industrial Average Dividend ETF during the 4th quarter valued at about $1,510,000. Barry Investment Advisors LLC grew its stake in shares of 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 purchasing an additional 18,904 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 13.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 27,479 shares of the company’s stock valued at $1,394,000 after acquiring an additional 3,207 shares during the period. Finally, New Wave Wealth Advisors LLC acquired a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF in the 4th quarter valued at $120,000.

Invesco Dow Jones Industrial Average Dividend ETF Price Performance

NYSEARCA:DJD opened at $50.26 on Friday. Invesco Dow Jones Industrial Average Dividend ETF has a fifty-two week low of $46.41 and a fifty-two week high of $54.84. The business’s 50-day simple moving average is $51.46 and its 200-day simple moving average is $52.07. The stock has a market capitalization of $329.20 million, a PE ratio of 17.89 and a beta of 0.80.

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.