Advantage Trust Co Makes New $27,000 Investment in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Advantage Trust Co acquired a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 600 shares of the company’s stock, valued at approximately $27,000.

Several other large investors have also recently made changes to their positions in the company. Private Advisor Group LLC purchased a new position in shares of Invesco Dorsey Wright Energy Momentum ETF in the 4th quarter worth $254,000. Scotia Capital Inc. bought a new stake in Invesco Dorsey Wright Energy Momentum ETF during the third quarter worth approximately $593,000. SPC Financial Inc. purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF during the third quarter valued at approximately $700,000. Silver Oak Securities Incorporated purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF during the third quarter valued at approximately $747,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in shares of Invesco Dorsey Wright Energy Momentum ETF by 282.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 25,238 shares of the company’s stock valued at $1,167,000 after purchasing an additional 18,647 shares during the last quarter.

Invesco Dorsey Wright Energy Momentum ETF Trading Up 1.1 %

Shares of NASDAQ PXI traded up $0.52 during trading hours on Thursday, hitting $48.62. 4,096 shares of the company traded hands, compared to its average volume of 15,670. The company’s 50 day moving average price is $48.32 and its 200 day moving average price is $45.33. Invesco Dorsey Wright Energy Momentum ETF has a 12 month low of $35.48 and a 12 month high of $51.20. The stock has a market capitalization of $70.98 million, a price-to-earnings ratio of 7.40 and a beta of 1.68.

Invesco Dorsey Wright Energy Momentum ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.077 per share. The ex-dividend date was Monday, March 18th. This represents a $0.31 annualized dividend and a yield of 0.63%.

Invesco Dorsey Wright Energy Momentum ETF Company Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.