Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Stock Acquired by IFP Advisors Inc

IFP Advisors Inc boosted its position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 276.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 28,455 shares of the company’s stock after buying an additional 20,890 shares during the quarter. IFP Advisors Inc’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $1,509,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of PIZ. Highland Investment Advisors LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter valued at about $29,000. Kestra Advisory Services LLC grew its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 164.1% in the 1st quarter. Kestra Advisory Services LLC now owns 5,235 shares of the company’s stock worth $259,000 after purchasing an additional 3,253 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth about $309,000. Nicholson Wealth Management Group LLC acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the first quarter valued at approximately $379,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter valued at approximately $448,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Up 0.9%

PIZ opened at $50.58 on Thursday. The business’s 50 day moving average is $52.86 and its 200-day moving average is $54.19. The stock has a market cap of $624.66 million, a PE ratio of 18.27 and a beta of 1.10. Invesco Dorsey Wright Developed Markets Momentum ETF has a twelve month low of $45.74 and a twelve month high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.1275 dividend. This is a negative change from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.4502. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.51 dividend on an annualized basis and a yield of 1.0%.

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.