Invesco Dorsey Wright Industrials Momentum ETF $PRN Shares Newly Acquired by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,718 shares of the company’s stock, valued at approximately $736,000. Schmidt P J Investment Management Inc. owned about 0.23% of Invesco Dorsey Wright Industrials Momentum ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter worth approximately $32,000. Integrated Wealth Concepts LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 2nd quarter valued at $165,000. Dynamic Advisor Solutions LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter valued at $249,000. Citadel Advisors LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter valued at $434,000. Finally, Founders Financial Securities LLC purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth $496,000.

Invesco Dorsey Wright Industrials Momentum ETF Trading Down 1.5%

NASDAQ:PRN opened at $192.81 on Thursday. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $156.00 and a twelve month high of $262.73. The company has a market cap of $304.64 million, a price-to-earnings ratio of 28.33 and a beta of 1.27. The stock has a fifty day simple moving average of $197.25 and a 200-day simple moving average of $214.16.

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.