Fifth Third Bancorp Purchases Shares of 10,382 Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Fifth Third Bancorp purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) during the first quarter, HoldingsChannel.com reports. The fund purchased 10,382 shares of the company’s stock, valued at approximately $514,000.

A number of other hedge funds have also recently modified their holdings of the company. Garton & Associates Financial Advisors LLC bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter valued at about $41,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the fourth quarter worth about $97,000. Flagship Wealth Advisors LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter valued at about $122,000. Arax Advisory Partners purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 4th quarter valued at about $133,000. Finally, BNP Paribas Financial Markets purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter valued at about $153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

PIZ opened at $49.43 on Thursday. Invesco Dorsey Wright Developed Markets Momentum ETF has a one year low of $44.76 and a one year high of $59.47. The business has a 50 day simple moving average of $54.85 and a two-hundred day simple moving average of $53.78. The firm has a market capitalization of $694.49 million, a price-to-earnings ratio of 18.27 and a beta of 1.10.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4503 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.6%.

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.