Invesco Plc (IVZ) has been under a strong bear grip, hence the stock is down -5.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 5.41% in the past 1 week. The stock has risen by 6.98% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.12% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 4.18% and the 50-Day Moving Average is 2.96%.
Invesco Plc (NYSE:IVZ): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.35 and $27.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.42, notching a gain of 0.96% for the day. The total traded volume was 3,314,867 . The stock had closed at $27.16 on the previous day.
The company Insiders own 1.9% of Invesco Plc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.82% . Institutional Investors own 83.02% of Invesco Plc shares. During last six month period, the net percent change held by insiders has seen a change of -22.82%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Managing Director) of Invesco Ltd., Meadows Colin had sold 40,433 shares worth of $1,149,510 in a transaction dated June 10, 2016. In this transaction, 40,433 shares were sold at $28.43 per share.
Invesco Ltd. (Invesco) is an independent global investment manager. The Company delivers an array of investment capabilities and services to retail and institutional investors through its global platform. The Company has presence in the institutional and retail markets within the investment management industry in North America, the United Kingdom, Europe, the Middle East and Asia-Pacific. The Company offers a range of domestic and global institutional strategies, including traditional and quantitative equities, fixed income (including money market funds for institutional clients), real estate, private equity, financial structures and absolute return strategies. Invesco offers retail investment solutions to clients through third-party financial intermediaries, including traditional broker-dealers, fund supermarkets, retirement platforms, financial advisors, banks, insurance companies and trust companies.