Raymond James Financial Services Advisors Inc. Sells 202,225 Shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Raymond James Financial Services Advisors Inc. lowered its position in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 90.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,457 shares of the company’s stock after selling 202,225 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.88% of Invesco Dorsey Wright Energy Momentum ETF worth $914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. grew its position in Invesco Dorsey Wright Energy Momentum ETF by 5.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 19,081 shares of the company’s stock worth $729,000 after acquiring an additional 975 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF in the 1st quarter valued at about $43,000. Captrust Financial Advisors bought a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF in the 1st quarter valued at about $53,000. IHT Wealth Management LLC grew its position in shares of Invesco Dorsey Wright Energy Momentum ETF by 7.4% in the 2nd quarter. IHT Wealth Management LLC now owns 20,281 shares of the company’s stock valued at $801,000 after buying an additional 1,392 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in shares of Invesco Dorsey Wright Energy Momentum ETF by 7.4% in the 2nd quarter. Citadel Advisors LLC now owns 29,955 shares of the company’s stock valued at $1,184,000 after buying an additional 2,051 shares during the last quarter.

Invesco Dorsey Wright Energy Momentum ETF Trading Down 1.4 %

NASDAQ PXI opened at $49.36 on Tuesday. The business’s 50-day moving average price is $46.80 and its two-hundred day moving average price is $44.87. Invesco Dorsey Wright Energy Momentum ETF has a 12 month low of $35.46 and a 12 month high of $51.20. The firm has a market capitalization of $74.53 million, a PE ratio of 8.87 and a beta of 1.68.

Invesco Dorsey Wright Energy Momentum ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.077 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.62%.

Invesco Dorsey Wright Energy Momentum ETF Company Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.