Royal Bank of Canada Boosts Holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE

Royal Bank of Canada boosted its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) by 42.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,019 shares of the company’s stock after purchasing an additional 21,658 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF were worth $1,901,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Barometer Capital Management Inc. bought a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter valued at approximately $601,000. Nicholson Wealth Management Group LLC bought a new position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter worth $262,000. Fifth Third Bancorp purchased a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter valued at $143,000. PFG Investments LLC grew its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 166.0% during the first quarter. PFG Investments LLC now owns 37,171 shares of the company’s stock valued at $968,000 after acquiring an additional 23,198 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter valued at $566,000.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Performance

Shares of NASDAQ PIE opened at $32.90 on Wednesday. The company has a market cap of $253.33 million, a P/E ratio of 13.79 and a beta of 0.83. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52-week low of $22.58 and a 52-week high of $35.17. The firm’s fifty day moving average is $32.08 and its two-hundred day moving average is $29.83.

Invesco Dorsey Wright Emerging Markets Momentum ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.218 dividend. This represents a $0.87 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

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.