Shares of Invesco DWA Energy Momentum ETF (NASDAQ:PXI) hit a new 52-week low on Thursday . The stock traded as low as $31.46 and last traded at $31.97, with a volume of 600 shares trading hands. The stock had previously closed at $33.38.

A number of large investors have recently modified their holdings of PXI. Advisory Services Network LLC acquired a new stake in Invesco DWA Energy Momentum ETF in the second quarter valued at approximately $138,000. McKinley Carter Wealth Services Inc. acquired a new stake in Invesco DWA Energy Momentum ETF during the third quarter worth approximately $382,000. Raymond James & Associates acquired a new stake in Invesco DWA Energy Momentum ETF during the second quarter worth approximately $642,000. Citadel Advisors LLC acquired a new stake in Invesco DWA Energy Momentum ETF during the second quarter worth approximately $721,000. Finally, CIBC World Markets Inc. acquired a new stake in Invesco DWA Energy Momentum ETF during the second quarter worth approximately $950,000.

ILLEGAL ACTIVITY NOTICE: This piece of content was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The correct version of this piece of content can be read at https://www.watchlistnews.com/invesco-dwa-energy-momentum-etf-pxi-hits-new-1-year-low-at-31-46/2666043.html.

About Invesco DWA Energy Momentum ETF (NASDAQ:PXI)

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.

Recommended Story: What is an investor looking for in an SEC filing?

Receive News & Ratings for Invesco DWA Energy Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DWA Energy Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.