Unique Wealth Strategies LLC Makes New $3.28 Million Investment in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Unique Wealth Strategies LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 27,696 shares of the company’s stock, valued at approximately $3,280,000. Invesco Dorsey Wright Industrials Momentum ETF makes up approximately 2.2% of Unique Wealth Strategies LLC’s holdings, making the stock its 8th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 25.8% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 10,132 shares of the company’s stock valued at $1,024,000 after acquiring an additional 2,078 shares during the period. Kingsview Wealth Management LLC lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 75.7% during the third quarter. Kingsview Wealth Management LLC now owns 4,077 shares of the company’s stock valued at $412,000 after acquiring an additional 1,757 shares during the period. Silver Oak Securities Incorporated lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 13.8% during the third quarter. Silver Oak Securities Incorporated now owns 9,451 shares of the company’s stock valued at $955,000 after acquiring an additional 1,146 shares during the period. Genesee Capital Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 5.2% during the fourth quarter. Genesee Capital Advisors LLC now owns 15,795 shares of the company’s stock valued at $1,871,000 after acquiring an additional 776 shares during the period. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.4% during the third quarter. Avantax Advisory Services Inc. now owns 6,855 shares of the company’s stock valued at $693,000 after acquiring an additional 755 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of NASDAQ PRN traded down $0.41 during midday trading on Friday, reaching $134.61. 22,548 shares of the company traded hands, compared to its average volume of 10,598. The firm has a market cap of $224.80 million, a PE ratio of 30.27 and a beta of 1.07. The stock’s 50-day simple moving average is $134.52 and its 200-day simple moving average is $119.25. Invesco Dorsey Wright Industrials Momentum ETF has a 12 month low of $91.29 and a 12 month high of $142.46.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.0727 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.22%.

About Invesco Dorsey Wright Industrials Momentum ETF

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.