Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Trading Up 1.7% – Here’s What Happened

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ)’s stock price rose 1.7% during mid-day trading on Monday . The company traded as high as $103.94 and last traded at $103.94. Approximately 501 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 773 shares. The stock had previously closed at $102.22.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 1.7%

The firm has a market capitalization of $22.87 million, a price-to-earnings ratio of 24.30 and a beta of 1.15. The firm has a fifty day moving average price of $101.31 and a 200 day moving average price of $101.13.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Announces Dividend

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

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

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.