Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,715 shares of the company’s stock after selling 94 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $677,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PRN. Captrust Financial Advisors increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 75.2% in the second quarter. Captrust Financial Advisors now owns 862 shares of the company’s stock valued at $70,000 after purchasing an additional 370 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF in the first quarter valued at approximately $95,000. DB Wealth Management Group LLC increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 14.5% in the third quarter. DB Wealth Management Group LLC now owns 1,419 shares of the company’s stock valued at $143,000 after purchasing an additional 180 shares during the last quarter. Money Concepts Capital Corp increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 1,071.6% in the fourth quarter. Money Concepts Capital Corp now owns 1,898 shares of the company’s stock valued at $164,000 after purchasing an additional 1,736 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 12.3% in the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock valued at $185,000 after purchasing an additional 201 shares during the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $132.37 on Thursday. The company has a market capitalization of $217.09 million, a P/E ratio of 30.27 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a fifty-two week low of $90.63 and a fifty-two week high of $142.46. The stock has a 50-day simple moving average of $133.85 and a 200-day simple moving average of $117.99.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

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

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.