SPC Financial Inc. Acquires 215 Shares of Invesco Dorsey Wright Industrials Momentum ETF $PRN

SPC Financial Inc. grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 3.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,500 shares of the company’s stock after buying an additional 215 shares during the period. SPC Financial Inc.’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $1,178,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rossby Financial LCC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $33,000. MGB Wealth Management LLC boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 19.3% during the 1st quarter. MGB Wealth Management LLC now owns 1,080 shares of the company’s stock worth $149,000 after buying an additional 175 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 34.7% during the 1st quarter. Spire Wealth Management now owns 1,158 shares of the company’s stock worth $159,000 after buying an additional 298 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $214,000. Finally, WMG Financial Advisors LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 1st quarter worth approximately $229,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $171.79 on Friday. The stock has a market capitalization of $376.22 million, a price-to-earnings ratio of 28.33 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $118.25 and a 52-week high of $180.31. The stock’s 50 day moving average price is $167.23 and its two-hundred day moving average price is $153.99.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.2106 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 22nd. This is a positive change from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.07.

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.