Invesco Dorsey Wright Industrials Momentum ETF $PRN Shares Sold by UBS Group AG

UBS Group AG trimmed its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 28.7% in the fourth quarter, Holdings Channel reports. The firm owned 13,193 shares of the company’s stock after selling 5,316 shares during the quarter. UBS Group AG’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $2,303,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Paller Financial Services Inc acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at approximately $3,489,000. Stratos Wealth Partners LTD. acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter valued at approximately $2,189,000. BNP Paribas Financial Markets acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter valued at approximately $1,728,000. Tower Research Capital LLC TRC boosted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 267.5% in the second quarter. Tower Research Capital LLC TRC now owns 8,023 shares of the company’s stock valued at $1,260,000 after acquiring an additional 5,840 shares during the period. Finally, Genesee Capital Advisors LLC boosted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 90.5% in the fourth quarter. Genesee Capital Advisors LLC now owns 5,836 shares of the company’s stock valued at $1,019,000 after acquiring an additional 2,772 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Stock Up 0.3%

Shares of PRN stock opened at $247.06 on Thursday. The business has a 50 day moving average of $220.17 and a two-hundred day moving average of $198.86. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $146.20 and a 52 week high of $249.94. The company has a market cap of $427.41 million, a P/E ratio of 28.33 and a beta of 1.28.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.