Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE Shares Purchased by PFG Investments LLC

PFG Investments LLC raised its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) by 166.0% during the first quarter, HoldingsChannel reports. The fund owned 37,171 shares of the company’s stock after acquiring an additional 23,198 shares during the quarter. PFG Investments LLC’s holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF were worth $968,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PIE. Private Advisor Group LLC bought a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the 1st quarter worth about $566,000. Janney Montgomery Scott LLC bought a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF in the first quarter valued at about $353,000. Maltin Wealth Management Inc. increased its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.0% in the first quarter. Maltin Wealth Management Inc. now owns 181,424 shares of the company’s stock valued at $4,722,000 after buying an additional 14,932 shares during the last quarter. Sankala Group LLC acquired a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF during the fourth quarter valued at approximately $43,000. Finally, EP Wealth Advisors LLC bought a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the 4th quarter worth approximately $354,000.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Performance

Shares of NASDAQ PIE traded down $1.28 during trading on Tuesday, reaching $32.00. The stock had a trading volume of 17,186 shares, compared to its average volume of 53,542. The stock has a market cap of $256 million, a PE ratio of 13.79 and a beta of 0.81. Invesco Dorsey Wright Emerging Markets Momentum ETF has a one year low of $20.56 and a one year high of $35.17. The firm’s 50 day moving average price is $32.04 and its two-hundred day moving average price is $28.36.

Invesco Dorsey Wright Emerging Markets Momentum ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.218 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.87 annualized dividend and a yield of 2.7%.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.