Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Shares Sold by LPL Financial LLC

LPL Financial LLC cut its holdings in shares of Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 112,946 shares of the company’s stock after selling 8,063 shares during the quarter. LPL Financial LLC owned about 2.07% of Invesco DWA Emerging Markets Momentum ETF worth $2,171,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco DWA Emerging Markets Momentum ETF in the 4th quarter valued at $12,882,000. Maltin Wealth Management Inc. increased its stake in Invesco DWA Emerging Markets Momentum ETF by 2.0% during the fourth quarter. Maltin Wealth Management Inc. now owns 304,240 shares of the company’s stock worth $5,848,000 after purchasing an additional 6,003 shares during the period. NewSquare Capital LLC increased its stake in Invesco DWA Emerging Markets Momentum ETF by 4.1% during the fourth quarter. NewSquare Capital LLC now owns 190,425 shares of the company’s stock worth $3,660,000 after purchasing an additional 7,463 shares during the period. MorganRosel Wealth Management LLC lifted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 9.3% during the fourth quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock worth $676,000 after purchasing an additional 2,994 shares in the last quarter. Finally, Whipplewood Advisors LLC purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF in the fourth quarter valued at approximately $362,000.

Invesco DWA Emerging Markets Momentum ETF Stock Up 1.6 %

Shares of PIE opened at $17.34 on Tuesday. The company has a market cap of $84.10 million, a P/E ratio of 11.70 and a beta of 0.73. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $15.31 and a fifty-two week high of $22.15. The firm’s 50 day moving average price is $18.42 and its 200 day moving average price is $19.25.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.008 per share. The ex-dividend date was Monday, March 24th.

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.