Founders Financial Securities LLC Acquires Shares of 2,530 Invesco Dorsey Wright Industrials Momentum ETF $PRN

Founders Financial Securities LLC purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,530 shares of the company’s stock, valued at approximately $545,000.

Several other institutional investors have also modified their holdings of the stock. Darwin Wealth Management LLC purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at $43,000. Sankala Group LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 4th quarter valued at approximately $83,000. O Shaughnessy Asset Management LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF in the 4th quarter valued at $88,000. Geneos Wealth Management Inc. increased its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 187.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,005 shares of the company’s stock worth $158,000 after acquiring an additional 655 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Invesco Dorsey Wright Industrials Momentum ETF by 9.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,150 shares of the company’s stock worth $199,000 after purchasing an additional 95 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 2.9%

Shares of PRN opened at $262.64 on Tuesday. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $149.42 and a twelve month high of $262.73. The firm has a market capitalization of $454.37 million, a P/E ratio of 28.33 and a beta of 1.28. The firm’s 50-day moving average is $236.80 and its two-hundred day moving average is $208.55.

Invesco Dorsey Wright 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.