Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 11.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,370 shares of the company’s stock after purchasing an additional 4,778 shares during the quarter. Janney Montgomery Scott LLC owned about 5.92% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $5,676,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PYZ. Transamerica Financial Advisors LLC increased its stake in Invesco Dorsey Wright Basic Materials Momentum ETF by 68,339.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 118,401 shares of the company’s stock valued at $13,043,000 after buying an additional 118,228 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 3rd quarter worth approximately $547,000. Advisory Services Network LLC acquired a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter worth approximately $437,000. LPL Financial LLC lifted its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 24.2% in the 4th quarter. LPL Financial LLC now owns 17,218 shares of the company’s stock worth $1,897,000 after acquiring an additional 3,353 shares during the period. Finally, Silver Oak Securities Incorporated bought a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the fourth quarter valued at approximately $326,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Price Performance

NASDAQ PYZ opened at $121.70 on Friday. Invesco Dorsey Wright Basic Materials Momentum ETF has a 12 month low of $94.14 and a 12 month high of $134.10. The firm has a market capitalization of $77.89 million, a PE ratio of 19.97 and a beta of 1.25. The company’s 50 day simple moving average is $127.92 and its 200 day simple moving average is $124.20.

Invesco Dorsey Wright Basic Materials Momentum ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.1423 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.