Tobias Financial Advisors Inc. Makes New Investment in Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ

Tobias Financial Advisors Inc. acquired a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,465 shares of the company’s stock, valued at approximately $1,694,000.

Other hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 2nd quarter worth about $34,000. First PREMIER Bank purchased a new position in Invesco Dorsey Wright Basic Materials Momentum ETF during the 2nd quarter valued at about $84,000. Kestra Advisory Services LLC bought a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF during the fourth quarter worth about $74,000. Integrity Financial Corp WA bought a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF during the second quarter worth about $151,000. Finally, Serenity Investment Advisors purchased a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF in the second quarter worth about $195,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Performance

Shares of NASDAQ PYZ opened at $125.30 on Monday. Invesco Dorsey Wright Basic Materials Momentum ETF has a fifty-two week low of $97.09 and a fifty-two week high of $134.10. The company has a 50 day simple moving average of $123.04 and a two-hundred day simple moving average of $124.81. The company has a market capitalization of $76.43 million, a price-to-earnings ratio of 19.97 and a beta of 1.26.

Invesco Dorsey Wright Basic Materials Momentum ETF 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.