Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Stock Position Lessened by Private Advisory Group LLC

Private Advisory Group LLC decreased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 61.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,228 shares of the company’s stock after selling 12,870 shares during the period. Private Advisory Group LLC’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $392,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 53,057 shares of the company’s stock valued at $2,529,000 after purchasing an additional 4,221 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the third quarter valued at $302,000. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 233.0% in the third quarter. Jones Financial Companies Lllp now owns 19,148 shares of the company’s stock valued at $898,000 after buying an additional 13,397 shares during the period. Genesee Capital Advisors LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the third quarter valued at about $1,666,000. Finally, Bensler LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the third quarter worth about $231,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Up 0.3%

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock opened at $54.73 on Tuesday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 52 week low of $33.58 and a 52 week high of $55.02. The stock has a market cap of $610.24 million, a PE ratio of 18.27 and a beta of 1.05. The company’s 50-day moving average price is $51.50 and its two-hundred day moving average price is $48.84.

Invesco Dorsey Wright Developed Markets Momentum ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.2028 dividend. This represents a $0.81 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, December 22nd. This is an increase from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.03.

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.