Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Update

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 189 shares, a decrease of 64.7% from the June 15th total of 536 shares. Based on an average trading volume of 584 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Up 1.1%

Shares of PEZ stock traded up $1.14 during mid-day trading on Wednesday, reaching $100.99. The company’s stock had a trading volume of 705 shares, compared to its average volume of 796. The firm has a market capitalization of $23.23 million, a PE ratio of 24.30 and a beta of 1.15. The company’s 50 day simple moving average is $100.19 and its 200-day simple moving average is $101.69. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12-month low of $90.81 and a 12-month high of $110.43.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.1511 dividend. This represents a $0.60 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Trueblood Wealth Management LLC boosted its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.3% in the fourth quarter. Trueblood Wealth Management LLC now owns 4,466 shares of the company’s stock valued at $464,000 after purchasing an additional 99 shares during the period. Cetera Investment Advisers increased its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% during the 4th quarter. Cetera Investment Advisers now owns 9,964 shares of the company’s stock worth $1,036,000 after buying an additional 174 shares during the period. Farther Finance Advisors LLC lifted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.5% in the 4th quarter. Farther Finance Advisors LLC now owns 9,276 shares of the company’s stock worth $964,000 after buying an additional 225 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter worth $26,000. Finally, Bank of America Corp DE boosted its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock valued at $2,464,000 after buying an additional 282 shares during the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.