Peapack Gladstone Financial Corp Decreases Stake in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL)

Peapack Gladstone Financial Corp cut its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,449 shares of the company’s stock after selling 350 shares during the period. Peapack Gladstone Financial Corp owned 0.65% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $572,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of PSL. IMC Chicago LLC lifted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 74.6% during the fourth quarter. IMC Chicago LLC now owns 18,258 shares of the company’s stock worth $1,916,000 after buying an additional 7,799 shares during the period. LPL Financial LLC raised its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% in the 4th quarter. LPL Financial LLC now owns 27,379 shares of the company’s stock worth $2,873,000 after acquiring an additional 4,857 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 4th quarter worth about $373,000. Sunbelt Securities Inc. grew its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,875 shares of the company’s stock valued at $191,000 after purchasing an additional 1,871 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 4.8% during the 4th quarter. Wells Fargo & Company MN now owns 10,553 shares of the company’s stock valued at $1,108,000 after purchasing an additional 485 shares during the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Performance

Shares of PSL stock opened at $101.77 on Wednesday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a fifty-two week low of $91.63 and a fifty-two week high of $114.45. The firm has a market capitalization of $86.50 million, a PE ratio of 20.57 and a beta of 0.73. The stock’s 50-day simple moving average is $108.60 and its 200-day simple moving average is $106.48.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.2207 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous dividend of $0.21.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.