American Trust Has $1.56 Million Stock Holdings in Invesco Dorsey Wright Industrials Momentum ETF $PRN

American Trust reduced its stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 49.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,909 shares of the company’s stock after selling 8,751 shares during the quarter. American Trust owned about 0.52% of Invesco Dorsey Wright Industrials Momentum ETF worth $1,555,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Advisory Services Network LLC lifted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 4.7% in the fourth quarter. Advisory Services Network LLC now owns 2,740 shares of the company’s stock worth $478,000 after acquiring an additional 124 shares during the period. Private Advisor Group LLC lifted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 68.5% in the fourth quarter. Private Advisor Group LLC now owns 21,185 shares of the company’s stock worth $3,698,000 after acquiring an additional 8,614 shares during the period. &PARTNERS lifted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.8% in the fourth quarter. &PARTNERS now owns 4,588 shares of the company’s stock worth $801,000 after acquiring an additional 521 shares during the period. MML Investors Services LLC lifted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 10.2% in the fourth quarter. MML Investors Services LLC now owns 14,311 shares of the company’s stock worth $2,498,000 after acquiring an additional 1,330 shares during the period. Finally, Arete Wealth Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter worth approximately $396,000.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $250.65 on Thursday. The stock’s 50 day moving average is $233.91 and its 200 day moving average is $206.69. The firm has a market cap of $433.62 million, a P/E ratio of 28.33 and a beta of 1.28. Invesco Dorsey Wright Industrials Momentum ETF has a one year low of $149.42 and a one year high of $255.60.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.