IMC Chicago LLC Boosts Stake in Invesco Dorsey Wright Consumer Staples Momentum ETF $PSL

IMC Chicago LLC increased its position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 71.3% in the 1st quarter, Holdings Channel reports. The firm owned 72,244 shares of the company’s stock after buying an additional 30,081 shares during the period. IMC Chicago LLC owned approximately 0.09% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $7,842,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 1st quarter worth approximately $230,000. Maltin Wealth Management Inc. lifted its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 82.1% in the first quarter. Maltin Wealth Management Inc. now owns 13,205 shares of the company’s stock valued at $1,433,000 after buying an additional 5,954 shares during the last quarter. Asset One Wealth Management LLC purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter valued at approximately $238,000. Royal Bank of Canada boosted its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 80.4% in the fourth quarter. Royal Bank of Canada now owns 2,796 shares of the company’s stock valued at $281,000 after acquiring an additional 1,246 shares during the period. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter valued at approximately $44,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Down 1.5%

Shares of PSL opened at $112.24 on Thursday. The firm has a market cap of $83.06 million, a PE ratio of 18.50 and a beta of 0.64. The company’s 50 day simple moving average is $111.81 and its 200-day simple moving average is $110.14. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 12-month low of $97.96 and a 12-month high of $117.12.

Invesco Dorsey Wright Consumer Staples Momentum ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.1933 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.77 dividend on an annualized basis and a yield of 0.7%.

Invesco Dorsey Wright Consumer Staples Momentum ETF Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples 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 staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.