Janney Montgomery Scott LLC Sells 7,055 Shares of Invesco Dorsey Wright Industrials Momentum ETF $PRN

Janney Montgomery Scott LLC decreased its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 13.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 43,533 shares of the company’s stock after selling 7,055 shares during the period. Janney Montgomery Scott LLC owned about 1.93% of Invesco Dorsey Wright Industrials Momentum ETF worth $6,837,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rossby Financial LCC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $33,000. MGB Wealth Management LLC raised its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 19.3% during the 1st quarter. MGB Wealth Management LLC now owns 1,080 shares of the company’s stock worth $149,000 after purchasing an additional 175 shares in the last quarter. Spire Wealth Management raised its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 34.7% during the 1st quarter. Spire Wealth Management now owns 1,158 shares of the company’s stock worth $159,000 after purchasing an additional 298 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $214,000. Finally, WMG Financial Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $229,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Up 0.2%

Shares of Invesco Dorsey Wright Industrials Momentum ETF stock opened at $175.57 on Monday. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $118.25 and a 12-month high of $180.08. The stock has a market cap of $481.06 million, a P/E ratio of 28.33 and a beta of 1.07. The business’s 50 day moving average is $165.94 and its 200-day moving average is $152.92.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a dividend of $0.2106 per share. The ex-dividend date was Monday, September 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.07.

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.