Tobias Financial Advisors Inc. Makes New Investment in Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ

Tobias Financial Advisors Inc. acquired a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,465 shares of the company’s stock, valued at approximately $1,694,000. Tobias Financial Advisors Inc. owned about 2.21% of Invesco Dorsey Wright Basic Materials Momentum ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Transamerica Financial Advisors LLC lifted its stake in Invesco Dorsey Wright Basic Materials Momentum ETF by 68,339.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 118,401 shares of the company’s stock worth $13,043,000 after acquiring an additional 118,228 shares during the period. Janney Montgomery Scott LLC bought a new position in Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter worth $4,692,000. Firestone Capital Management bought a new position in Invesco Dorsey Wright Basic Materials Momentum ETF in the 2nd quarter worth $4,214,000. NewEdge Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 1st quarter worth about $2,629,000. Finally, JNBA Financial Advisors bought a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the 2nd quarter valued at about $1,678,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Price Performance

Shares of NASDAQ PYZ opened at $125.30 on Monday. Invesco Dorsey Wright Basic Materials Momentum ETF has a 1 year low of $97.09 and a 1 year high of $134.10. The company’s 50-day moving average is $123.04 and its 200 day moving average is $124.81. The stock has a market capitalization of $76.43 million, a P/E ratio of 19.97 and a beta of 1.26.

About Invesco Dorsey Wright Basic Materials Momentum ETF

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.