Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Trading Up 0.5% – What’s Next?

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQGet Free Report) rose 0.5% during mid-day trading on Wednesday . The company traded as high as $74.35 and last traded at $73.98. 3,272 shares changed hands during trading, a decline of 25% from the average daily volume of 4,381 shares. The stock had previously closed at $73.59.

Invesco Bloomberg Financial Data Providers ETF Stock Performance

The stock has a 50 day moving average price of $69.15 and a 200 day moving average price of $69.23. The company has a market cap of $540.05 million, a P/E ratio of 13.81 and a beta of 0.79.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FDIQ. Nwam LLC bought a new stake in Invesco Bloomberg Financial Data Providers ETF in the fourth quarter worth about $416,000. Corient Private Wealth LLC bought a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 4th quarter valued at about $389,000. Jane Street Group LLC bought a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 1st quarter valued at about $302,000. Osaic Holdings Inc. grew its stake in shares of Invesco Bloomberg Financial Data Providers ETF by 10.5% in the 4th quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock worth $265,000 after purchasing an additional 407 shares during the last quarter. Finally, SOL Capital Management CO acquired a new position in shares of Invesco Bloomberg Financial Data Providers ETF in the 4th quarter worth approximately $203,000.

About Invesco Bloomberg Financial Data Providers ETF

(Get Free Report)

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.

The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.

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