Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Price Up 0.1% – Still a Buy?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ)’s share price rose 0.1% during trading on Friday . The company traded as high as $100.88 and last traded at $100.88. Approximately 9,321 shares were traded during trading, an increase of 1,062% from the average daily volume of 802 shares. The stock had previously closed at $100.76.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

The company has a market cap of $23.20 million, a P/E ratio of 24.30 and a beta of 1.15. The company has a fifty day moving average price of $100.21 and a two-hundred day moving average price of $101.82.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.1511 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, June 22nd.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the first quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock valued at $2,491,000 after buying an additional 807 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock worth $1,039,000 after acquiring an additional 501 shares in the last quarter. Cetera Investment Advisers lifted its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the first quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock valued at $992,000 after acquiring an additional 323 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter valued at $986,000. Finally, Farther Finance Advisors LLC grew its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.5% in the 4th quarter. Farther Finance Advisors LLC now owns 9,276 shares of the company’s stock valued at $964,000 after acquiring an additional 225 shares during the period.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.