Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE Shares Sold by UBS Group AG

UBS Group AG reduced its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) by 15.1% during the 4th quarter, Holdings Channel reports. The firm owned 164,002 shares of the company’s stock after selling 29,164 shares during the quarter. UBS Group AG’s holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF were worth $3,877,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF in the fourth quarter valued at approximately $33,000. MGB Wealth Management LLC grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% in the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock valued at $42,000 after purchasing an additional 750 shares during the period. Founders Financial Alliance LLC grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 75.7% in the third quarter. Founders Financial Alliance LLC now owns 2,498 shares of the company’s stock valued at $61,000 after purchasing an additional 1,076 shares during the period. Jones Financial Companies Lllp grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 20.2% in the third quarter. Jones Financial Companies Lllp now owns 6,134 shares of the company’s stock valued at $147,000 after purchasing an additional 1,031 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 12.7% in the second quarter. Benjamin Edwards Inc. now owns 12,960 shares of the company’s stock valued at $271,000 after purchasing an additional 1,464 shares during the period.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

NASDAQ PIE opened at $31.83 on Friday. The company has a market cap of $208.49 million, a PE ratio of 13.79 and a beta of 0.82. The stock’s 50 day simple moving average is $28.74 and its 200-day simple moving average is $26.49. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 1-year low of $19.16 and a 1-year high of $32.29.

Invesco Dorsey Wright Emerging Markets Momentum ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.0265 dividend. This represents a $0.11 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 23rd.

Invesco Dorsey Wright Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.