Clear Creek Financial Management LLC Has $221,000 Stock Holdings in Invesco Dorsey Wright Energy Momentum ETF $PXI

Clear Creek Financial Management LLC trimmed its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 94.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,887 shares of the company’s stock after selling 80,798 shares during the period. Clear Creek Financial Management LLC owned about 0.58% of Invesco Dorsey Wright Energy Momentum ETF worth $221,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Tower Research Capital LLC TRC raised its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 49.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 13,374 shares of the company’s stock valued at $577,000 after purchasing an additional 4,431 shares during the period. Osaic Holdings Inc. raised its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 27.6% in the 2nd quarter. Osaic Holdings Inc. now owns 2,366 shares of the company’s stock valued at $102,000 after purchasing an additional 512 shares during the period. Trueblood Wealth Management LLC raised its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 5.9% in the 3rd quarter. Trueblood Wealth Management LLC now owns 10,338 shares of the company’s stock valued at $485,000 after purchasing an additional 575 shares during the period. Sunbelt Securities Inc. bought a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF in the 3rd quarter valued at about $458,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF in the 4th quarter valued at about $126,000.

Invesco Dorsey Wright Energy Momentum ETF Stock Performance

Shares of PXI stock opened at $57.13 on Tuesday. The firm’s 50-day moving average is $55.83 and its 200-day moving average is $50.12. The stock has a market cap of $76.55 million, a price-to-earnings ratio of 17.22 and a beta of 0.67. Invesco Dorsey Wright Energy Momentum ETF has a 52-week low of $37.54 and a 52-week high of $62.36.

Invesco Dorsey Wright Energy Momentum ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.1041 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.