GWN Securities Inc. Has $1.23 Million Stock Holdings in Invesco Dorsey Wright Industrials Momentum ETF $PRN

GWN Securities Inc. cut its stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 79.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,828 shares of the company’s stock after selling 31,102 shares during the quarter. GWN Securities Inc. owned approximately 0.35% of Invesco Dorsey Wright Industrials Momentum ETF worth $1,231,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Schmidt P J Investment Management Inc. grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 15.6% in the 2nd quarter. Schmidt P J Investment Management Inc. now owns 3,084 shares of the company’s stock valued at $484,000 after buying an additional 417 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 65.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,250 shares of the company’s stock valued at $5,065,000 after buying an additional 12,724 shares during the last quarter. SPC Financial Inc. boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 3.0% during the second quarter. SPC Financial Inc. now owns 7,500 shares of the company’s stock worth $1,178,000 after acquiring an additional 215 shares during the period. WMG Financial Advisors LLC boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 5.1% during the second quarter. WMG Financial Advisors LLC now owns 1,744 shares of the company’s stock worth $274,000 after acquiring an additional 84 shares during the period. Finally, Trueblood Wealth Management LLC boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 8.2% during the second quarter. Trueblood Wealth Management LLC now owns 3,053 shares of the company’s stock worth $479,000 after acquiring an additional 231 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Stock Down 0.1%

Shares of NASDAQ:PRN opened at $182.03 on Tuesday. The stock has a market cap of $396.83 million, a PE ratio of 28.33 and a beta of 1.23. The business has a 50 day moving average of $170.40 and a 200-day moving average of $157.64. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $118.25 and a 12-month high of $184.08.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a dividend of $0.2106 per share. This represents a $0.84 annualized dividend and a 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.

About Invesco Dorsey Wright Industrials Momentum ETF

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.