Goldman Sachs Group Inc. Sells 44,610 Shares of Invesco Dorsey Wright Consumer Staples Momentum ETF $PSL

Goldman Sachs Group Inc. lessened its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 87.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 6,393 shares of the company’s stock after selling 44,610 shares during the period. Goldman Sachs Group Inc. owned approximately 0.76% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $693,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rossby Financial LCC purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter worth $38,000. Nova Wealth Management Inc. purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter worth $120,000. Selective Wealth Management Inc. purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter worth $203,000. Private Advisor Group LLC purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter worth $276,000. Finally, Sigma Planning Corp increased its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 7.9% in the first quarter. Sigma Planning Corp now owns 3,134 shares of the company’s stock worth $340,000 after purchasing an additional 230 shares during the period.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Down 0.4%

PSL stock opened at $108.19 on Thursday. The business’s fifty day simple moving average is $110.60 and its two-hundred day simple moving average is $109.33. Invesco Dorsey Wright Consumer Staples Momentum ETF has a twelve month low of $99.80 and a twelve month high of $114.45. The firm has a market cap of $98.45 million, a price-to-earnings ratio of 18.50 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Monday, September 22nd will be issued a $0.2015 dividend. This represents a $0.81 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 22nd.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.