Genesee Capital Advisors LLC Buys New Position in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Genesee Capital Advisors LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 34,953 shares of the company’s stock, valued at approximately $1,666,000. Genesee Capital Advisors LLC owned approximately 0.35% of Invesco Dorsey Wright Developed Markets Momentum ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter valued at about $79,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter valued at about $129,000. BNP Paribas Financial Markets purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the second quarter valued at about $153,000. Private Client Services LLC bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the third quarter worth about $210,000. Finally, Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the third quarter worth about $229,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Up 2.1%

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock opened at $53.68 on Wednesday. The firm has a market cap of $587.80 million, a PE ratio of 18.27 and a beta of 1.05. The stock has a 50 day moving average of $49.32 and a 200 day moving average of $47.82. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12 month low of $33.58 and a 12 month high of $53.87.

Invesco Dorsey Wright Developed Markets Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $0.2028 dividend. This is a boost from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.03. This represents a $0.81 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, December 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. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.