LPL Financial LLC Reduces Holdings in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

LPL Financial LLC trimmed its stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 29.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,645 shares of the company’s stock after selling 44,010 shares during the period. LPL Financial LLC owned approximately 1.34% of Invesco DWA Emerging Markets Momentum ETF worth $2,042,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. EP Wealth Advisors LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the 1st quarter valued at $306,000. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco DWA Emerging Markets Momentum ETF by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 470,664 shares of the company’s stock valued at $8,928,000 after buying an additional 2,501 shares during the last quarter. PFG Investments LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the 1st quarter valued at $912,000. Janney Montgomery Scott LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the 1st quarter valued at $207,000. Finally, Resources Investment Advisors LLC. grew its position in shares of Invesco DWA Emerging Markets Momentum ETF by 4.9% in the 1st quarter. Resources Investment Advisors LLC. now owns 27,638 shares of the company’s stock valued at $512,000 after buying an additional 1,284 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Price Performance

NASDAQ PIE opened at $18.51 on Friday. Invesco DWA Emerging Markets Momentum ETF has a 12 month low of $17.09 and a 12 month high of $20.62. The company has a market capitalization of $124.94 million, a price-to-earnings ratio of 10.29 and a beta of 0.79. The firm’s fifty day moving average price is $18.43 and its 200 day moving average price is $18.82.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were given a dividend of $0.2886 per share. This represents a $1.15 annualized dividend and a yield of 6.24%. The ex-dividend date was Monday, September 18th.

About Invesco DWA 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.