Advocacy Wealth Management Services LLC Sells 79,460 Shares of Invesco Dynamic Media ETF (NYSEARCA:PBS)


Share on StockTwits

Advocacy Wealth Management Services LLC lessened its stake in shares of Invesco Dynamic Media ETF (NYSEARCA:PBS) by 98.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 897 shares of the company’s stock after selling 79,460 shares during the period. Advocacy Wealth Management Services LLC’s holdings in Invesco Dynamic Media ETF were worth $46,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PBS. Brookstone Capital Management bought a new position in shares of Invesco Dynamic Media ETF during the 4th quarter worth approximately $1,945,000. CIBC World Markets Inc. bought a new position in shares of Invesco Dynamic Media ETF during the 4th quarter worth approximately $229,000. Finally, FormulaFolio Investments LLC acquired a new stake in Invesco Dynamic Media ETF during the 4th quarter valued at $1,918,000.

PBS stock traded up $0.11 during midday trading on Thursday, reaching $52.46. 9,544 shares of the company’s stock traded hands, compared to its average volume of 30,164. The company has a 50-day simple moving average of $54.33 and a two-hundred day simple moving average of $45.84. Invesco Dynamic Media ETF has a 1-year low of $24.47 and a 1-year high of $58.80.

Invesco Dynamic Media ETF Profile

PowerShares Dynamic Media Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Media Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

Recommended Story: How Important is Technical Analysis of Stocks

Want to see what other hedge funds are holding PBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dynamic Media ETF (NYSEARCA:PBS).

Institutional Ownership by Quarter for Invesco Dynamic Media ETF (NYSEARCA:PBS)

Receive News & Ratings for Invesco Dynamic Media ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dynamic Media ETF and related companies with MarketBeat.com's FREE daily email newsletter.