Fairfield Financial Advisors LTD Makes New $30,000 Investment in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Fairfield Financial Advisors LTD acquired a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) in the 2nd quarter, HoldingsChannel reports. The fund acquired 635 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors also recently bought and sold shares of the business. Barry Investment Advisors LLC grew its stake in Invesco Dow Jones Industrial Average Dividend ETF by 5.2% during the first quarter. Barry Investment Advisors LLC now owns 282,742 shares of the company’s stock worth $13,586,000 after buying an additional 14,000 shares during the period. MRA Advisory Group grew its stake in Invesco Dow Jones Industrial Average Dividend ETF by 1.5% during the second quarter. MRA Advisory Group now owns 240,698 shares of the company’s stock worth $11,395,000 after buying an additional 3,586 shares during the period. Commonwealth Equity Services LLC grew its stake in Invesco Dow Jones Industrial Average Dividend ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 61,865 shares of the company’s stock worth $2,929,000 after buying an additional 1,899 shares during the period. Cetera Investment Advisers grew its stake in Invesco Dow Jones Industrial Average Dividend ETF by 44.8% during the first quarter. Cetera Investment Advisers now owns 41,804 shares of the company’s stock worth $2,009,000 after buying an additional 12,941 shares during the period. Finally, Level Four Advisory Services LLC grew its stake in Invesco Dow Jones Industrial Average Dividend ETF by 3.3% during the fourth quarter. Level Four Advisory Services LLC now owns 32,377 shares of the company’s stock worth $1,490,000 after buying an additional 1,026 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Trading Up 0.8 %

NYSEARCA DJD opened at $51.35 on Monday. The company’s fifty day simple moving average is $49.56 and its 200-day simple moving average is $48.11. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $39.79 and a 52 week high of $51.64. The stock has a market cap of $322.99 million, a P/E ratio of 16.34 and a beta of 0.66.

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.