Petra Financial Advisors Inc. Acquires Shares of 13,757 Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Petra Financial Advisors Inc. bought a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,757 shares of the company’s stock, valued at approximately $681,000. Petra Financial Advisors Inc. owned about 0.10% of Invesco Dorsey Wright Developed Markets Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the business. Garton & Associates Financial Advisors LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter valued at about $41,000. Kestra Advisory Services LLC purchased a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter valued at approximately $97,000. Flagship Wealth Advisors LLC acquired a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $122,000. Arax Advisory Partners acquired a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $133,000. Finally, BNP Paribas Financial Markets acquired a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter worth approximately $153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Up 2.5%

Shares of PIZ stock opened at $52.74 on Wednesday. The company has a market capitalization of $741.00 million, a P/E ratio of 18.27 and a beta of 1.10. The business’s 50 day moving average is $55.47 and its two-hundred day moving average is $53.72. Invesco Dorsey Wright Developed Markets Momentum ETF has a twelve month low of $44.76 and a twelve month high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.4503 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.4%.

Invesco Dorsey Wright Developed Markets Momentum ETF Company 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.