Lunt Capital Management Inc. Sells 14,412 Shares of Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Lunt Capital Management Inc. decreased its stake in shares of Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 52.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 13,235 shares of the company’s stock after selling 14,412 shares during the period. Lunt Capital Management Inc.’s holdings in Invesco DWA Emerging Markets Momentum ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Comerica Bank purchased a new position in Invesco DWA Emerging Markets Momentum ETF in the 3rd quarter worth about $54,000. Blair William & Co. IL increased its position in Invesco DWA Emerging Markets Momentum ETF by 6.7% during the 1st quarter. Blair William & Co. IL now owns 11,294 shares of the company’s stock valued at $209,000 after purchasing an additional 714 shares during the period. Private Advisor Group LLC purchased a new position in Invesco DWA Emerging Markets Momentum ETF during the 1st quarter valued at about $229,000. Kestra Advisory Services LLC increased its position in Invesco DWA Emerging Markets Momentum ETF by 7.3% during the 2nd quarter. Kestra Advisory Services LLC now owns 13,138 shares of the company’s stock valued at $249,000 after purchasing an additional 896 shares during the period. Finally, Cetera Advisor Networks LLC increased its position in Invesco DWA Emerging Markets Momentum ETF by 14.4% during the 1st quarter. Cetera Advisor Networks LLC now owns 12,256 shares of the company’s stock valued at $286,000 after purchasing an additional 1,546 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Price Performance

NASDAQ PIE traded down $0.41 during trading on Tuesday, reaching $20.66. 11,890 shares of the company’s stock traded hands, compared to its average volume of 33,145. The firm has a market cap of $129.13 million, a price-to-earnings ratio of 10.06 and a beta of 0.79. The company’s 50 day simple moving average is $20.60 and its two-hundred day simple moving average is $19.48. Invesco DWA Emerging Markets Momentum ETF has a 12-month low of $17.35 and a 12-month high of $21.81.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.0268 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Monday, March 18th.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.