Petra Financial Advisors Inc. Takes $681,000 Position in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Petra Financial Advisors Inc. purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) during the first quarter, HoldingsChannel reports. The firm purchased 13,757 shares of the company’s stock, valued at approximately $681,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Garton & Associates Financial Advisors LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $41,000. Kestra Advisory Services LLC purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $97,000. Flagship Wealth Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter worth approximately $122,000. Arax Advisory Partners acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter valued at approximately $133,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter valued at approximately $153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

Invesco Dorsey Wright Developed Markets Momentum ETF stock opened at $52.74 on Wednesday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1-year low of $44.76 and a 1-year high of $59.47. The company has a market cap of $741.00 million, a PE ratio of 18.27 and a beta of 1.10. The stock’s 50 day moving average price is $55.47 and its 200 day moving average price is $53.72.

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 $0.4503 dividend. 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.