Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Position Cut by Systelligence LLC

Systelligence LLC decreased its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 9.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 335,145 shares of the company’s stock after selling 34,004 shares during the quarter. Invesco Dorsey Wright Developed Markets Momentum ETF comprises 3.2% of Systelligence LLC’s holdings, making the stock its 6th biggest position. Systelligence LLC’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $16,596,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PIZ. Wells Fargo & Company MN lifted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 3.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,002,892 shares of the company’s stock valued at $98,107,000 after buying an additional 60,477 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 29.1% during the fourth quarter. LPL Financial LLC now owns 620,114 shares of the company’s stock worth $30,375,000 after acquiring an additional 139,939 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 46.3% in the 4th quarter. Royal Bank of Canada now owns 577,277 shares of the company’s stock valued at $28,276,000 after acquiring an additional 182,667 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 341,130 shares of the company’s stock valued at $16,710,000 after acquiring an additional 27,734 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% during the 2nd quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after purchasing an additional 177,328 shares during the period.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Developed Markets Momentum ETF stock opened at $54.78 on Friday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $44.76 and a 1 year high of $59.47. The company has a market capitalization of $753.23 million, a P/E ratio of 18.27 and a beta of 1.10. The company’s fifty day moving average is $56.37 and its two-hundred day moving average is $53.12.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4503 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.3%.

Invesco Dorsey Wright Developed Markets Momentum ETF 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. 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.