Invesco Dorsey Wright Developed Markets Momentum ETF Announces Quarterly Dividend of $0.15 (NASDAQ:PIZ)

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) declared a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Investors of record on Monday, March 23rd will be given a dividend of 0.1519 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, March 23rd.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Up 3.2%

PIZ stock traded up $1.51 during trading on Monday, reaching $49.40. 56,145 shares of the stock were exchanged, compared to its average volume of 111,315. The firm’s 50 day moving average is $52.48 and its 200 day moving average is $49.61. Invesco Dorsey Wright Developed Markets Momentum ETF has a twelve month low of $33.58 and a twelve month high of $55.74. The firm has a market cap of $550.81 million, a P/E ratio of 18.27 and a beta of 1.05.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Wells Fargo & Company MN raised its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 3.1% in the 4th quarter. Wells Fargo & Company MN now owns 2,002,892 shares of the company’s stock worth $98,107,000 after acquiring an additional 60,477 shares during the last quarter. LPL Financial LLC boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 29.1% during the 4th quarter. LPL Financial LLC now owns 620,114 shares of the company’s stock valued at $30,375,000 after purchasing an additional 139,939 shares during the last quarter. Royal Bank of Canada boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 46.3% during the 4th quarter. Royal Bank of Canada now owns 577,277 shares of the company’s stock valued at $28,276,000 after purchasing an additional 182,667 shares during the last quarter. Systelligence LLC increased its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 2.6% during the 4th quarter. Systelligence LLC now owns 369,149 shares of the company’s stock worth $18,082,000 after purchasing an additional 9,252 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 341,130 shares of the company’s stock worth $16,710,000 after purchasing an additional 27,734 shares during the last quarter.

About Invesco Dorsey Wright Developed Markets Momentum ETF

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. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.