Invesco Equal Weight 0-30 Years Treasury ETF (NASDAQ:PLW) Hits New 52-Week Low at $27.05

Invesco Equal Weight 0-30 Years Treasury ETF (NASDAQ:PLW)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $27.05 and last traded at $27.20, with a volume of 74295 shares traded. The stock had previously closed at $27.12.

Invesco Equal Weight 0-30 Years Treasury ETF Stock Performance

The company’s 50-day moving average is $26.73 and its 200 day moving average is $28.06.

Institutional Trading of Invesco Equal Weight 0-30 Years Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its stake in shares of Invesco Equal Weight 0-30 Years Treasury ETF by 1.5% in the third quarter. Invesco Ltd. now owns 14,085,884 shares of the company’s stock worth $377,643,000 after acquiring an additional 207,801 shares during the period. Orgel Wealth Management LLC purchased a new stake in Invesco Equal Weight 0-30 Years Treasury ETF during the 3rd quarter valued at $113,451,000. FAS Wealth Partners Inc. bought a new position in shares of Invesco Equal Weight 0-30 Years Treasury ETF during the 3rd quarter valued at $55,683,000. LPL Financial LLC lifted its holdings in shares of Invesco Equal Weight 0-30 Years Treasury ETF by 32.0% during the 3rd quarter. LPL Financial LLC now owns 1,554,362 shares of the company’s stock valued at $41,672,000 after buying an additional 377,050 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Invesco Equal Weight 0-30 Years Treasury ETF in the 3rd quarter worth $33,076,000.

About Invesco Equal Weight 0-30 Years Treasury ETF

The Invesco 1-30 Laddered Treasury ETF (PLW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. PLW was launched on Oct 11, 2007 and is managed by Invesco.