Clear Creek Financial Management LLC Has $4.02 Million Position in Invesco Dorsey Wright Energy Momentum ETF $PXI

Clear Creek Financial Management LLC raised its position in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 43.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,685 shares of the company’s stock after purchasing an additional 25,934 shares during the period. Clear Creek Financial Management LLC owned approximately 9.12% of Invesco Dorsey Wright Energy Momentum ETF worth $4,016,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Osaic Holdings Inc. grew 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 buying an additional 512 shares during the period. Trueblood Wealth Management LLC lifted its holdings in Invesco Dorsey Wright Energy Momentum ETF by 5.9% during the third quarter. Trueblood Wealth Management LLC now owns 10,338 shares of the company’s stock worth $485,000 after acquiring an additional 575 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Invesco Dorsey Wright Energy Momentum ETF by 49.5% in the second quarter. Tower Research Capital LLC TRC now owns 13,374 shares of the company’s stock valued at $577,000 after acquiring an additional 4,431 shares during the period.

Invesco Dorsey Wright Energy Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Energy Momentum ETF stock opened at $53.14 on Friday. The company has a market capitalization of $44.64 million, a P/E ratio of 17.22 and a beta of 0.93. The business has a 50-day moving average of $48.46 and a two-hundred day moving average of $46.60. Invesco Dorsey Wright Energy Momentum ETF has a 1 year low of $34.54 and a 1 year high of $53.39.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.2296 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.22.

About Invesco Dorsey Wright Energy Momentum ETF

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.