Del Sette Capital Management LLC Sells 139,470 Shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Del Sette Capital Management LLC lowered its position in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 93.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,253 shares of the company’s stock after selling 139,470 shares during the period. Del Sette Capital Management LLC’s holdings in Invesco DWA Developed Markets Momentum ETF were worth $372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC increased its stake in Invesco DWA Developed Markets Momentum ETF by 9.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock worth $162,000 after acquiring an additional 392 shares during the last quarter. Lunt Capital Management Inc. purchased a new position in shares of Invesco DWA Developed Markets Momentum ETF during the fourth quarter worth about $293,000. Avantax Advisory Services Inc. bought a new position in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter worth approximately $295,000. Global Retirement Partners LLC purchased a new stake in Invesco DWA Developed Markets Momentum ETF in the fourth quarter valued at approximately $297,000. Finally, Independent Advisor Alliance bought a new stake in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at approximately $521,000.

Invesco DWA Developed Markets Momentum ETF Price Performance

PIZ stock opened at $39.16 on Friday. The firm has a 50 day simple moving average of $38.79 and a two-hundred day simple moving average of $37.79. The stock has a market cap of $189.93 million, a PE ratio of 19.94 and a beta of 1.00. Invesco DWA Developed Markets Momentum ETF has a one year low of $32.68 and a one year high of $40.48.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.2876 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.