SPC Financial Inc. Reduces Holdings in Invesco DWA Industrials Momentum ETF (NASDAQ:PRN)

SPC Financial Inc. decreased its holdings in shares of Invesco DWA Industrials Momentum ETF (NASDAQ:PRN) by 4.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 3,642 shares of the company’s stock after selling 179 shares during the period. SPC Financial Inc.’s holdings in Invesco DWA Industrials Momentum ETF were worth $242,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mercer Global Advisors Inc. ADV purchased a new stake in Invesco DWA Industrials Momentum ETF in the first quarter valued at approximately $1,224,000. Private Advisor Group LLC purchased a new stake in Invesco DWA Industrials Momentum ETF in the first quarter valued at approximately $1,000,000. Cetera Advisors LLC purchased a new stake in Invesco DWA Industrials Momentum ETF in the first quarter valued at approximately $36,000. Finally, Intl Fcstone Inc. boosted its position in Invesco DWA Industrials Momentum ETF by 10.5% in the second quarter. Intl Fcstone Inc. now owns 5,478 shares of the company’s stock valued at $364,000 after buying an additional 521 shares during the last quarter.

NASDAQ PRN traded up $0.22 during trading hours on Thursday, reaching $65.87. The stock had a trading volume of 613 shares, compared to its average volume of 6,760. The company’s fifty day moving average is $67.73. Invesco DWA Industrials Momentum ETF has a 52-week low of $47.61 and a 52-week high of $69.71.

Invesco DWA Industrials Momentum ETF Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.

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Institutional Ownership by Quarter for Invesco DWA Industrials Momentum ETF (NASDAQ:PRN)

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