Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 1.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,715 shares of the company’s stock after selling 94 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.39% of Invesco Dorsey Wright Industrials Momentum ETF worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lincoln National Corp raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 0.4% in the third quarter. Lincoln National Corp now owns 32,325 shares of the company’s stock worth $3,268,000 after acquiring an additional 139 shares during the period. DB Wealth Management Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 14.5% in the third quarter. DB Wealth Management Group LLC now owns 1,419 shares of the company’s stock worth $143,000 after acquiring an additional 180 shares during the period. Larson Financial Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.3% in the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock worth $185,000 after acquiring an additional 201 shares during the period. Raymond James & Associates raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 8.1% in the fourth quarter. Raymond James & Associates now owns 3,376 shares of the company’s stock worth $400,000 after acquiring an additional 252 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 13.0% in the third quarter. Private Advisor Group LLC now owns 3,150 shares of the company’s stock worth $318,000 after acquiring an additional 362 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Industrials Momentum ETF stock opened at $132.37 on Thursday. The company has a market cap of $217.09 million, a P/E ratio of 30.27 and a beta of 1.07. The firm has a 50-day simple moving average of $133.85 and a two-hundred day simple moving average of $117.99. Invesco Dorsey Wright Industrials Momentum ETF has a fifty-two week low of $90.63 and a fifty-two week high of $142.46.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.0727 per share. The ex-dividend date was Monday, March 18th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.22%.

About Invesco Dorsey Wright Industrials Momentum ETF

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.