Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) Plans Dividend of $0.14

Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Shareholders of record on Monday, June 22nd will be given a dividend of 0.1423 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Performance

Invesco Dorsey Wright Basic Materials Momentum ETF stock remained flat at $130.17 during mid-day trading on Friday. The company’s stock had a trading volume of 5,219 shares, compared to its average volume of 5,519. The stock has a fifty day moving average price of $128.05 and a 200-day moving average price of $122.95. Invesco Dorsey Wright Basic Materials Momentum ETF has a 52 week low of $91.25 and a 52 week high of $134.10. The stock has a market capitalization of $104.14 million, a price-to-earnings ratio of 19.97 and a beta of 1.24.

Institutional Investors Weigh In On Invesco Dorsey Wright Basic Materials Momentum ETF

Several hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC acquired a new position in Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter valued at $31,000. Sound Income Strategies LLC acquired a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter worth $33,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the second quarter valued at about $34,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the fourth quarter valued at about $74,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the fourth quarter worth about $79,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.