Invesco Dorsey Wright Consumer Staples Momentum ETF $PSL Shares Purchased by Maltin Wealth Management Inc.

Maltin Wealth Management Inc. raised its position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 82.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,205 shares of the company’s stock after acquiring an additional 5,954 shares during the quarter. Maltin Wealth Management Inc. owned approximately 1.61% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $1,433,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the 3rd quarter valued at $25,000. Kestra Advisory Services LLC acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the fourth quarter worth $44,000. Capital Analysts LLC increased its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 32.8% in the fourth quarter. Capital Analysts LLC now owns 685 shares of the company’s stock valued at $69,000 after buying an additional 169 shares during the last quarter. Sound Income Strategies LLC purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter valued at $101,000. Finally, Asset One Wealth Management LLC purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter valued at $238,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of NASDAQ PSL opened at $111.27 on Friday. The company has a market capitalization of $91.24 million, a price-to-earnings ratio of 18.50 and a beta of 0.64. The business has a 50-day moving average of $110.78 and a two-hundred day moving average of $108.91. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $97.96 and a 1 year high of $117.12.

Invesco Dorsey Wright Consumer Staples Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a dividend of $0.1933 per share. This represents a $0.77 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.