Stratos Wealth Partners LTD. Invests $2.19 Million in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Stratos Wealth Partners LTD. bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 12,667 shares of the company’s stock, valued at approximately $2,189,000.

Other hedge funds also recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 262.6% during the 2nd quarter. Osaic Holdings Inc. now owns 34,739 shares of the company’s stock worth $5,468,000 after purchasing an additional 25,158 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 32,481 shares of the company’s stock worth $5,612,000 after buying an additional 231 shares during the last quarter. Truist Financial Corp grew its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 2.2% during the third quarter. Truist Financial Corp now owns 19,593 shares of the company’s stock worth $3,385,000 after acquiring an additional 426 shares during the period. American Trust purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the second quarter valued at approximately $2,871,000. Finally, StoneX Group Inc. lifted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 4.9% in the second quarter. StoneX Group Inc. now owns 16,421 shares of the company’s stock valued at $2,579,000 after acquiring an additional 764 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 1.9%

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $206.35 on Friday. The firm has a market cap of $350.80 million, a PE ratio of 28.33 and a beta of 1.23. Invesco Dorsey Wright Industrials Momentum ETF has a 12 month low of $118.25 and a 12 month high of $211.60. The stock’s 50 day simple moving average is $187.70 and its two-hundred day simple moving average is $176.25.

Invesco Dorsey Wright Industrials Momentum ETF Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.