Fifth Third Securities Inc. Acquires Shares of 16,075 Invesco Dorsey Wright Utilities Momentum ETF $PUI

Fifth Third Securities Inc. bought a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,075 shares of the company’s stock, valued at approximately $738,000. Fifth Third Securities Inc. owned about 1.41% of Invesco Dorsey Wright Utilities Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PUI. Transamerica Financial Advisors LLC lifted its position in Invesco Dorsey Wright Utilities Momentum ETF by 124,900.8% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 330,002 shares of the company’s stock worth $13,804,000 after buying an additional 329,738 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the second quarter worth about $4,768,000. Silver Oak Securities Incorporated bought a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the second quarter worth about $2,476,000. ROI Financial Advisors LLC lifted its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 3.0% during the second quarter. ROI Financial Advisors LLC now owns 45,084 shares of the company’s stock worth $1,886,000 after purchasing an additional 1,297 shares in the last quarter. Finally, SPC Financial Inc. bought a new stake in shares of Invesco Dorsey Wright Utilities Momentum ETF during the second quarter valued at approximately $994,000.

Invesco Dorsey Wright Utilities Momentum ETF Price Performance

PUI stock opened at $43.78 on Monday. The company has a 50 day moving average price of $45.90 and a 200 day moving average price of $44.34. Invesco Dorsey Wright Utilities Momentum ETF has a fifty-two week low of $36.90 and a fifty-two week high of $49.30. The stock has a market capitalization of $49.91 million, a PE ratio of 20.63 and a beta of 0.66.

Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be given a dividend of $0.2504 per share. The ex-dividend date is Monday, December 22nd. This is an increase from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.22. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.