Spire Wealth Management Makes New Investment in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Spire Wealth Management bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) during the second quarter, according to its most recent filing with the SEC. The firm bought 1,729 shares of the company’s stock, valued at approximately $79,000.

A number of other large investors also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 27.1% in the 1st quarter. Royal Bank of Canada now owns 217,141 shares of the company’s stock worth $8,268,000 after purchasing an additional 46,322 shares in the last quarter. Del Sette Capital Management LLC lifted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 685.8% in the 1st quarter. Del Sette Capital Management LLC now owns 80,564 shares of the company’s stock worth $3,068,000 after purchasing an additional 70,311 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 269.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 48,836 shares of the company’s stock worth $2,244,000 after purchasing an additional 35,618 shares in the last quarter. Consolidated Planning Corp bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth $2,085,000. Finally, Jane Street Group LLC lifted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 129.5% in the 1st quarter. Jane Street Group LLC now owns 40,053 shares of the company’s stock worth $1,525,000 after purchasing an additional 22,603 shares in the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 0.1%

Shares of PIZ opened at $47.99 on Thursday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12-month low of $33.58 and a 12-month high of $49.14. The business’s fifty day moving average is $47.47 and its 200 day moving average is $45.61. The stock has a market cap of $475.10 million, a P/E ratio of 18.27 and a beta of 1.05.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.027 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, September 22nd.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.