PFG Investments LLC Purchases 11,926 Shares of Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

PFG Investments LLC grew its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 183.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,443 shares of the company’s stock after buying an additional 11,926 shares during the period. PFG Investments LLC owned 0.13% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $913,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC raised its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 6.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,538 shares of the company’s stock valued at $173,000 after acquiring an additional 222 shares during the period. Bank of America Corp DE boosted its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% during the second quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock worth $1,157,000 after purchasing an additional 239 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 5.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,673 shares of the company’s stock worth $327,000 after purchasing an additional 328 shares in the last quarter. Mainstay Capital Management LLC ADV raised its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.2% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 4,927 shares of the company’s stock valued at $241,000 after purchasing an additional 372 shares during the period. Finally, Trueblood Wealth Management LLC raised its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.9% in the fourth quarter. Trueblood Wealth Management LLC now owns 20,587 shares of the company’s stock valued at $1,008,000 after purchasing an additional 383 shares during the period.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Down 2.6%

Shares of PIZ stock traded down $1.43 during trading on Tuesday, reaching $53.69. 2,474 shares of the company’s stock traded hands, compared to its average volume of 94,465. The company has a market capitalization of $746.29 million, a P/E ratio of 18.27 and a beta of 1.10. The firm’s 50-day moving average is $56.37 and its 200 day moving average is $53.42. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $44.76 and a 1 year high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.4503 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 3.4%.

About Invesco Dorsey Wright Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.