Invesco Dorsey Wright Emerging Markets Momentum ETF (PIE) to Distribute Dividend of $0.22 on June 26th

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Stockholders of record on Monday, June 22nd will be paid a dividend of 0.218 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

NASDAQ PIE opened at $34.08 on Friday. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52-week low of $19.70 and a 52-week high of $34.22. The business’s 50-day moving average price is $31.28 and its 200 day moving average price is $27.67. The firm has a market cap of $223.22 million, a P/E ratio of 13.79 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC increased its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 12,580.9% in the 1st quarter. NewEdge Advisors LLC now owns 8,623 shares of the company’s stock valued at $224,000 after buying an additional 8,555 shares during the period. Royal Bank of Canada lifted its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 42.2% in the 1st quarter. Royal Bank of Canada now owns 73,019 shares of the company’s stock worth $1,901,000 after acquiring an additional 21,658 shares during the period. Barometer Capital Management Inc. purchased a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the first quarter valued at about $601,000. Nicholson Wealth Management Group LLC purchased a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the first quarter valued at about $262,000. Finally, Fifth Third Bancorp acquired a new position in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter worth about $143,000.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.