M Holdings Securities Inc. Has $957,000 Stock Holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE

M Holdings Securities Inc. decreased its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) by 90.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 39,217 shares of the company’s stock after selling 372,487 shares during the quarter. M Holdings Securities Inc.’s holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF were worth $957,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PIE. MGB Wealth Management LLC increased its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% during the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after buying an additional 750 shares in the last quarter. Founders Financial Alliance LLC lifted its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 75.7% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,498 shares of the company’s stock valued at $61,000 after acquiring an additional 1,076 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 20.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,134 shares of the company’s stock valued at $147,000 after acquiring an additional 1,031 shares in the last quarter. Benjamin Edwards Inc. grew its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 12.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 12,960 shares of the company’s stock worth $271,000 after acquiring an additional 1,464 shares during the last quarter. Finally, Private Advisory Group LLC bought a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF during the 3rd quarter worth $326,000.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Down 0.9%

Shares of PIE opened at $25.70 on Friday. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 12-month low of $15.31 and a 12-month high of $28.49. The business has a 50-day simple moving average of $26.33 and a two-hundred day simple moving average of $24.87. The stock has a market cap of $129.79 million, a PE ratio of 13.79 and a beta of 0.72.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.242 per share. This represents a $0.97 annualized dividend and a dividend yield of 3.8%. This is an increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Monday, December 22nd.

Invesco Dorsey Wright Emerging Markets Momentum ETF Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.