Raymond James Financial Services Advisors Inc. Takes Position in Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD)

Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco Dow Jones Industrial Average Dividend ETF (NYSEARCA:DJD) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,003 shares of the company’s stock, valued at approximately $276,000. Raymond James Financial Services Advisors Inc. owned approximately 0.10% of Invesco Dow Jones Industrial Average Dividend ETF at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DJD. LPL Financial LLC lifted its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 7.2% during the third quarter. LPL Financial LLC now owns 1,228,324 shares of the company’s stock valued at $50,786,000 after purchasing an additional 82,305 shares in the last quarter. Merit Financial Group LLC lifted its position in shares of Invesco Dow Jones Industrial Average Dividend ETF by 16.0% during the third quarter. Merit Financial Group LLC now owns 91,009 shares of the company’s stock valued at $3,763,000 after purchasing an additional 12,529 shares in the last quarter. Bbjs Financial Advisors LLC bought a new position in shares of Invesco Dow Jones Industrial Average Dividend ETF during the third quarter valued at about $277,000. Advisor Resource Council bought a new stake in Invesco Dow Jones Industrial Average Dividend ETF in the fourth quarter worth about $246,000. Finally, Harbour Investments Inc. raised its position in Invesco Dow Jones Industrial Average Dividend ETF by 63.2% in the third quarter. Harbour Investments Inc. now owns 7,178 shares of the company’s stock worth $297,000 after acquiring an additional 2,779 shares during the period.

Invesco Dow Jones Industrial Average Dividend ETF Stock Performance

Shares of DJD stock opened at $46.58 on Tuesday. The firm has a market cap of $292.99 million, a price-to-earnings ratio of 16.19 and a beta of 0.71. Invesco Dow Jones Industrial Average Dividend ETF has a 52 week low of $39.79 and a 52 week high of $48.13. The firm’s 50-day simple moving average is $46.95 and its two-hundred day simple moving average is $44.98.

Invesco Dow Jones Industrial Average Dividend ETF Company Profile

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.