Royal Bank of Canada Acquires 35,439 Shares of Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Royal Bank of Canada grew its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 6.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 612,716 shares of the company’s stock after buying an additional 35,439 shares during the quarter. Royal Bank of Canada owned approximately 4.46% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $30,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Steward Partners Investment Advisory LLC grew its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 6.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,538 shares of the company’s stock worth $173,000 after acquiring an additional 222 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% in the second quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock worth $1,157,000 after acquiring an additional 239 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 5.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,673 shares of the company’s stock worth $327,000 after acquiring an additional 328 shares during the last quarter. Mainstay Capital Management LLC ADV lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.2% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 4,927 shares of the company’s stock worth $241,000 after purchasing an additional 372 shares in the last quarter. Finally, Trueblood Wealth Management LLC lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.9% during the fourth quarter. Trueblood Wealth Management LLC now owns 20,587 shares of the company’s stock worth $1,008,000 after purchasing an additional 383 shares in the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock opened at $52.12 on Tuesday. The firm has a 50 day simple moving average of $54.56 and a 200 day simple moving average of $53.80. Invesco Dorsey Wright Developed Markets Momentum ETF has a fifty-two week low of $45.44 and a fifty-two week high of $59.47. The firm has a market cap of $732.29 million, a P/E ratio of 18.27 and a beta of 1.10.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.4503 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.5%.

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.