Raymond James & Associates Has $1.98 Million Stake in Invesco DWA Industrials Momentum ETF (NASDAQ:PRN)

Raymond James & Associates reduced its position in Invesco DWA Industrials Momentum ETF (NASDAQ:PRN) by 7.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,453 shares of the company’s stock after selling 2,573 shares during the quarter. Raymond James & Associates owned about 2.03% of Invesco DWA Industrials Momentum ETF worth $1,982,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JNBA Financial Advisors purchased a new position in Invesco DWA Industrials Momentum ETF in the 4th quarter valued at approximately $107,000. Resources Investment Advisors Inc. purchased a new position in Invesco DWA Industrials Momentum ETF during the fourth quarter worth $425,000. Genesee Capital Advisors LLC purchased a new position in Invesco DWA Industrials Momentum ETF during the fourth quarter worth $168,000. Intl Fcstone Inc. increased its position in Invesco DWA Industrials Momentum ETF by 8.0% during the first quarter. Intl Fcstone Inc. now owns 4,957 shares of the company’s stock worth $303,000 after buying an additional 367 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new position in Invesco DWA Industrials Momentum ETF during the first quarter worth $1,224,000.

Shares of Invesco DWA Industrials Momentum ETF stock opened at $64.75 on Thursday. Invesco DWA Industrials Momentum ETF has a twelve month low of $47.61 and a twelve month high of $66.55.

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Invesco DWA 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.

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Institutional Ownership by Quarter for Invesco DWA Industrials Momentum ETF (NASDAQ:PRN)

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