Axxcess Wealth Management LLC Buys New Position in Invesco Dynamic Media ETF (NYSEARCA:PBS)

Axxcess Wealth Management LLC bought a new stake in Invesco Dynamic Media ETF (NYSEARCA:PBSGet Rating) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,822 shares of the company’s stock, valued at approximately $572,000. Axxcess Wealth Management LLC owned approximately 1.65% of Invesco Dynamic Media ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SFI Advisors LLC bought a new position in Invesco Dynamic Media ETF in the 2nd quarter valued at about $2,588,000. Goldman Sachs Group Inc. grew its position in Invesco Dynamic Media ETF by 77.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 16,338 shares of the company’s stock valued at $776,000 after buying an additional 7,112 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Invesco Dynamic Media ETF in the 1st quarter valued at about $646,000.

Invesco Dynamic Media ETF Price Performance

Shares of NYSEARCA PBS opened at $34.33 on Thursday. Invesco Dynamic Media ETF has a twelve month low of $30.95 and a twelve month high of $52.40. The firm has a 50-day moving average of $33.44 and a two-hundred day moving average of $35.70.

About Invesco Dynamic Media ETF

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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.

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

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