Creative Financial Designs Inc. ADV Purchases 27,734 Shares of Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Creative Financial Designs Inc. ADV grew its position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 8.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 341,130 shares of the company’s stock after buying an additional 27,734 shares during the period. Invesco Dorsey Wright Developed Markets Momentum ETF makes up 1.1% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 22nd largest holding. Creative Financial Designs Inc. ADV’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $16,710,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of PIZ. Royal Bank of Canada lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 27.1% in the 1st quarter. Royal Bank of Canada now owns 217,141 shares of the company’s stock worth $8,268,000 after acquiring an additional 46,322 shares during the period. Jane Street Group LLC lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 129.5% in the 1st quarter. Jane Street Group LLC now owns 40,053 shares of the company’s stock worth $1,525,000 after acquiring an additional 22,603 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 23,826.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 35,172 shares of the company’s stock worth $1,616,000 after acquiring an additional 35,025 shares during the period. Raymond James Financial Inc. lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% in the 2nd quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after acquiring an additional 177,328 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock worth $1,157,000 after acquiring an additional 239 shares during the period.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Down 2.2%

Shares of PIZ opened at $54.72 on Wednesday. The stock has a market cap of $752.40 million, a PE ratio of 18.27 and a beta of 1.11. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $43.28 and a 1 year high of $59.47. The stock has a 50 day simple moving average of $53.34 and a 200-day simple moving average of $51.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.1519 per share. This represents a $0.61 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, March 23rd.

Invesco Dorsey Wright Developed Markets Momentum ETF Profile

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.