NewEdge Advisors LLC Trims Stock Holdings in Invesco Dorsey Wright Industrials Momentum ETF $PRN

NewEdge Advisors LLC decreased its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 66.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,933 shares of the company’s stock after selling 5,939 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. American Trust lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 1.4% during the first quarter. American Trust now owns 9,035 shares of the company’s stock worth $1,758,000 after acquiring an additional 126 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 30.8% during the 1st quarter. Kestra Advisory Services LLC now owns 6,134 shares of the company’s stock valued at $1,193,000 after purchasing an additional 1,444 shares during the period. Founders Financial Securities LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter valued at $545,000. Sankala Group LLC purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF during the 4th quarter worth about $83,000. Finally, Advisory Services Network LLC lifted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 4.7% during the 4th quarter. Advisory Services Network LLC now owns 2,740 shares of the company’s stock worth $478,000 after purchasing an additional 124 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Down 0.4%

Shares of NASDAQ PRN opened at $207.60 on Friday. The company has a market cap of $400.67 million, a P/E ratio of 28.33 and a beta of 1.29. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $156.00 and a 52 week high of $262.73. The business has a 50-day simple moving average of $231.01 and a two-hundred day simple moving average of $221.96.

Invesco Dorsey Wright 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.