Octavia Wealth Advisors LLC Sells 237 Shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ)

Octavia Wealth Advisors LLC lessened its holdings in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,152 shares of the company’s stock after selling 237 shares during the period. Octavia Wealth Advisors LLC owned about 0.38% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PYZ. HighTower Advisors LLC boosted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 0.8% during the third quarter. HighTower Advisors LLC now owns 269,109 shares of the company’s stock valued at $21,144,000 after purchasing an additional 2,220 shares in the last quarter. Morgan Stanley boosted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 6.0% during the fourth quarter. Morgan Stanley now owns 103,764 shares of the company’s stock valued at $8,203,000 after purchasing an additional 5,846 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 0.3% during the third quarter. Royal Bank of Canada now owns 75,973 shares of the company’s stock valued at $5,968,000 after purchasing an additional 236 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 1.8% during the third quarter. Janney Montgomery Scott LLC now owns 75,665 shares of the company’s stock valued at $5,943,000 after purchasing an additional 1,333 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 5.4% during the first quarter. UBS Group AG now owns 57,216 shares of the company’s stock valued at $5,651,000 after purchasing an additional 2,952 shares in the last quarter.

Invesco Dorsey Wright Basic Materials Momentum ETF Trading Down 0.8 %

Shares of PYZ stock opened at $88.37 on Wednesday. The business’s 50-day moving average price is $88.23 and its 200-day moving average price is $82.74. The firm has a market capitalization of $66.28 million, a price-to-earnings ratio of 10.27 and a beta of 1.36. Invesco Dorsey Wright Basic Materials Momentum ETF has a 12 month low of $72.33 and a 12 month high of $93.83.

Invesco Dorsey Wright Basic Materials Momentum ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.2109 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.