Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Stake Lowered by Systelligence LLC

Systelligence LLC lessened its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 9.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 335,145 shares of the company’s stock after selling 34,004 shares during the period. Invesco Dorsey Wright Developed Markets Momentum ETF accounts for approximately 3.2% of Systelligence LLC’s investment portfolio, making the stock its 6th biggest holding. Systelligence LLC owned approximately 2.47% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $16,596,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 27.1% in the first quarter. Royal Bank of Canada now owns 217,141 shares of the company’s stock valued at $8,268,000 after purchasing an additional 46,322 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 129.5% during the 1st quarter. Jane Street Group LLC now owns 40,053 shares of the company’s stock worth $1,525,000 after buying an additional 22,603 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 23,826.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 35,172 shares of the company’s stock worth $1,616,000 after buying an additional 35,025 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% during the 2nd quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after buying an additional 177,328 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock valued at $1,157,000 after buying an additional 239 shares in the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

NASDAQ PIZ opened at $54.78 on Friday. The firm’s fifty day moving average price is $56.37 and its 200 day moving average price is $53.12. The company has a market capitalization of $753.23 million, a price-to-earnings ratio of 18.27 and a beta of 1.10. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12 month low of $44.76 and a 12 month high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.4503 dividend. This represents a $1.80 annualized dividend and a yield of 3.3%. The ex-dividend date was Monday, June 22nd.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.