Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVG) Short Interest Down 29.3% in January

Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGGet Free Report) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 330 shares, a decline of 29.3% from the December 31st total of 467 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,781 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 1,781 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Invesco S&P 500 High Dividend Growers ETF Price Performance

Shares of DIVG stock opened at $33.94 on Friday. The stock’s 50-day moving average is $33.01 and its 200 day moving average is $32.49. Invesco S&P 500 High Dividend Growers ETF has a 1-year low of $27.25 and a 1-year high of $33.94. The company has a market cap of $9.50 million, a P/E ratio of 15.30 and a beta of 0.64.

Invesco S&P 500 High Dividend Growers ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.0977 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This is a boost from Invesco S&P 500 High Dividend Growers ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco S&P 500 High Dividend Growers ETF stock. Horizon Family Wealth Inc. bought a new stake in shares of Invesco S&P 500 High Dividend Growers ETF (NYSEARCA:DIVGFree Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 102,380 shares of the company’s stock, valued at approximately $3,185,000. Invesco S&P 500 High Dividend Growers ETF comprises about 1.9% of Horizon Family Wealth Inc.’s holdings, making the stock its 13th biggest position. Horizon Family Wealth Inc. owned about 44.51% of Invesco S&P 500 High Dividend Growers ETF at the end of the most recent reporting period.

Invesco S&P 500 High Dividend Growers ETF Company Profile

(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.

Further Reading

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