Ameriprise Financial Inc. Has $13.13 Million Stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Ameriprise Financial Inc. lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 78.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,387 shares of the company’s stock after buying an additional 37,544 shares during the quarter. Ameriprise Financial Inc. owned about 3.40% of Invesco Dorsey Wright Industrials Momentum ETF worth $13,130,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Wells Fargo & Company MN lifted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 12.7% in the fourth quarter. Wells Fargo & Company MN now owns 174,696 shares of the company’s stock valued at $26,861,000 after buying an additional 19,735 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 13.2% in the fourth quarter. HighTower Advisors LLC now owns 142,526 shares of the company’s stock valued at $21,915,000 after buying an additional 16,663 shares in the last quarter. Transamerica Financial Advisors Inc. lifted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 4.0% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 117,640 shares of the company’s stock valued at $18,089,000 after buying an additional 4,561 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 20.5% in the fourth quarter. LPL Financial LLC now owns 99,755 shares of the company’s stock valued at $15,338,000 after buying an additional 16,967 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at approximately $14,844,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of PRN opened at $149.46 on Friday. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $118.25 and a twelve month high of $180.08. The firm’s 50 day moving average price is $137.27 and its two-hundred day moving average price is $152.41. The firm has a market cap of $348.24 million, a P/E ratio of 28.80 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.006 dividend. The ex-dividend date was Monday, March 24th.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.