SPC Financial Inc. Purchases 215 Shares of Invesco Dorsey Wright Industrials Momentum ETF $PRN

SPC Financial Inc. lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,500 shares of the company’s stock after purchasing an additional 215 shares during the period. SPC Financial Inc. owned about 0.34% of Invesco Dorsey Wright Industrials Momentum ETF worth $1,178,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rossby Financial LCC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the first quarter worth about $33,000. MGB Wealth Management LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 19.3% in the first quarter. MGB Wealth Management LLC now owns 1,080 shares of the company’s stock valued at $149,000 after acquiring an additional 175 shares during the last quarter. Spire Wealth Management boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 34.7% in the first quarter. Spire Wealth Management now owns 1,158 shares of the company’s stock valued at $159,000 after acquiring an additional 298 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the first quarter valued at approximately $214,000. Finally, WMG Financial Advisors LLC bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the first quarter valued at approximately $229,000.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

Shares of PRN stock opened at $171.79 on Friday. The business’s 50 day simple moving average is $167.23 and its 200 day simple moving average is $153.99. Invesco Dorsey Wright Industrials Momentum ETF has a one year low of $118.25 and a one year high of $180.31. The stock has a market capitalization of $376.22 million, a PE ratio of 28.33 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.2106 dividend. The ex-dividend date was Monday, September 22nd. This is a boost from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.07. This represents a $0.84 annualized dividend and a yield of 0.5%.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.