Cetera Investment Advisers Increases Stake in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Cetera Investment Advisers increased its stake in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 96.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 146,141 shares of the company’s stock after acquiring an additional 71,727 shares during the period. Cetera Investment Advisers’ holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $7,237,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Garton & Associates Financial Advisors LLC bought a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter valued at approximately $41,000. Kestra Advisory Services LLC purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $97,000. Flagship Wealth Advisors LLC bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter worth approximately $122,000. Arax Advisory Partners bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter worth approximately $133,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth approximately $153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 0.8%

PIZ opened at $51.55 on Friday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 52 week low of $44.76 and a 52 week high of $59.47. The stock has a market cap of $724.28 million, a PE ratio of 18.27 and a beta of 1.10. The business has a 50 day moving average of $54.64 and a 200-day moving average of $53.77.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.4503 dividend. The ex-dividend date was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 3.5%.

About Invesco Dorsey Wright Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.