Creative Financial Designs Inc. ADV Acquires 27,734 Shares of Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Creative Financial Designs Inc. ADV boosted its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 341,130 shares of the company’s stock after buying an additional 27,734 shares during the period. Invesco Dorsey Wright Developed Markets Momentum ETF makes up about 1.1% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 22nd largest position. Creative Financial Designs Inc. ADV owned about 3.06% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $16,710,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in PIZ. Axiom Financial Strategies LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 3rd quarter worth approximately $11,232,000. Raymond James Financial Inc. increased its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% in the 2nd quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after buying an additional 177,328 shares during the period. Royal Bank of Canada increased its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 27.1% in the 1st quarter. Royal Bank of Canada now owns 217,141 shares of the company’s stock worth $8,268,000 after buying an additional 46,322 shares during the period. Vista Investment Partners II LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 3rd quarter worth approximately $1,861,000. Finally, MML Investors Services LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth approximately $1,663,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Down 2.2%

Shares of NASDAQ PIZ opened at $54.72 on Wednesday. The business’s 50 day moving average is $53.34 and its two-hundred day moving average is $51.47. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12 month low of $43.28 and a 12 month high of $59.47. The company has a market cap of $752.40 million, a P/E ratio of 18.27 and a beta of 1.11.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.1519 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.1%.

About Invesco Dorsey Wright Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.