Noble Family Wealth LLC Has $879,000 Position in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Noble Family Wealth LLC lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 21.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,594 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Noble Family Wealth LLC owned 0.25% of Invesco Dorsey Wright Industrials Momentum ETF worth $879,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PRN. Rossby Financial LCC acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the 1st quarter worth $33,000. MGB Wealth Management LLC raised its position in Invesco Dorsey Wright Industrials Momentum ETF by 19.3% in the 1st quarter. MGB Wealth Management LLC now owns 1,080 shares of the company’s stock valued at $149,000 after buying an additional 175 shares during the last quarter. Spire Wealth Management raised its position in Invesco Dorsey Wright Industrials Momentum ETF by 34.7% in the 1st quarter. Spire Wealth Management now owns 1,158 shares of the company’s stock valued at $159,000 after buying an additional 298 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 1st quarter valued at approximately $214,000. Finally, WMG Financial Advisors LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 1st quarter valued at approximately $229,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Industrials Momentum ETF stock opened at $175.57 on Friday. The business’s 50 day simple moving average is $165.94 and its 200 day simple moving average is $152.84. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $118.25 and a 52-week high of $180.08. The firm has a market cap of $481.06 million, a PE ratio of 28.33 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a $0.2106 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.07.

About Invesco Dorsey Wright Industrials Momentum ETF

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.