Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Trading Up 0.1% – Here’s Why

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) shares were up 0.1% during trading on Friday . The stock traded as high as $100.88 and last traded at $100.88. Approximately 9,321 shares changed hands during mid-day trading, an increase of 1,062% from the average session volume of 802 shares. The stock had previously closed at $100.76.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

The stock has a fifty day simple moving average of $100.21 and a 200-day simple moving average of $101.82. The stock has a market cap of $23.20 million, a P/E ratio of 24.30 and a beta of 1.15.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.1511 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of large investors have recently bought and sold shares of the company. Trueblood Wealth Management LLC grew its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.3% during the 4th quarter. Trueblood Wealth Management LLC now owns 4,466 shares of the company’s stock worth $464,000 after acquiring an additional 99 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% in the fourth quarter. Cetera Investment Advisers now owns 9,964 shares of the company’s stock worth $1,036,000 after purchasing an additional 174 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.5% during the fourth quarter. Farther Finance Advisors LLC now owns 9,276 shares of the company’s stock worth $964,000 after purchasing an additional 225 shares during the last quarter. Sound Income Strategies LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth $26,000. Finally, Bank of America Corp DE grew its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock valued at $2,464,000 after purchasing an additional 282 shares in the last quarter.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.