Fifth Third Securities Inc. Buys Shares of 16,075 Invesco Dorsey Wright Utilities Momentum ETF $PUI

Fifth Third Securities Inc. bought a new stake in Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) during the 3rd quarter, Holdings Channel reports. The fund bought 16,075 shares of the company’s stock, valued at approximately $738,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC acquired a new position in Invesco Dorsey Wright Utilities Momentum ETF in the second quarter valued at approximately $4,768,000. SPC Financial Inc. acquired a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the 2nd quarter valued at $994,000. Transamerica Financial Advisors LLC lifted its stake in shares of Invesco Dorsey Wright Utilities Momentum ETF by 124,900.8% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 330,002 shares of the company’s stock valued at $13,804,000 after purchasing an additional 329,738 shares during the period. ROI Financial Advisors LLC boosted its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 3.0% in the 2nd quarter. ROI Financial Advisors LLC now owns 45,084 shares of the company’s stock worth $1,886,000 after purchasing an additional 1,297 shares during the last quarter. Finally, Advisors Capital Management LLC acquired a new stake in shares of Invesco Dorsey Wright Utilities Momentum ETF during the second quarter worth $211,000.

Invesco Dorsey Wright Utilities Momentum ETF Trading Down 0.3%

NASDAQ PUI opened at $43.78 on Monday. Invesco Dorsey Wright Utilities Momentum ETF has a 12 month low of $36.90 and a 12 month high of $49.30. The stock has a 50-day simple moving average of $45.90 and a 200 day simple moving average of $44.34. The company has a market capitalization of $49.91 million, a PE ratio of 20.63 and a beta of 0.66.

Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Monday, December 22nd will be paid a $0.2504 dividend. This is a boost from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Monday, December 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.