Kingsview Wealth Management LLC Sells 470 Shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Kingsview Wealth Management LLC trimmed its holdings in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 2.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,727 shares of the company’s stock after selling 470 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco Dorsey Wright Energy Momentum ETF were worth $765,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new position in shares of Invesco Dorsey Wright Energy Momentum ETF during the second quarter valued at about $157,000. Sanctuary Advisors LLC bought a new position in Invesco Dorsey Wright Energy Momentum ETF during the second quarter valued at approximately $253,000. Private Advisor Group LLC increased its stake in Invesco Dorsey Wright Energy Momentum ETF by 9.3% in the 3rd quarter. Private Advisor Group LLC now owns 5,867 shares of the company’s stock worth $253,000 after acquiring an additional 500 shares during the last quarter. Finally, One Plus One Wealth Management LLC raised its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 3.0% during the 3rd quarter. One Plus One Wealth Management LLC now owns 96,693 shares of the company’s stock worth $4,171,000 after acquiring an additional 2,799 shares in the last quarter.

Invesco Dorsey Wright Energy Momentum ETF Stock Performance

PXI stock opened at $50.23 on Thursday. The firm has a fifty day moving average price of $45.83 and a 200 day moving average price of $46.15. Invesco Dorsey Wright Energy Momentum ETF has a fifty-two week low of $40.32 and a fifty-two week high of $51.97. The firm has a market cap of $74.85 million, a PE ratio of 7.40 and a beta of 1.68.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.218 dividend. This is a boost from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.19. This represents a $0.87 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.