IMC Chicago LLC Sells 17,653 Shares of Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI)

IMC Chicago LLC decreased its holdings in shares of Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) by 42.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,754 shares of the company’s stock after selling 17,653 shares during the quarter. IMC Chicago LLC owned about 2.08% of Invesco Dorsey Wright Utilities Momentum ETF worth $800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of PUI. Jones Financial Companies Lllp bought a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the fourth quarter worth $209,000. ROI Financial Advisors LLC bought a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the fourth quarter worth $1,437,000. Finally, LPL Financial LLC increased its holdings in shares of Invesco Dorsey Wright Utilities Momentum ETF by 1.1% in the third quarter. LPL Financial LLC now owns 141,977 shares of the company’s stock worth $4,220,000 after purchasing an additional 1,541 shares during the period.

Invesco Dorsey Wright Utilities Momentum ETF Stock Performance

Invesco Dorsey Wright Utilities Momentum ETF stock opened at $34.83 on Friday. The stock has a market cap of $39.70 million, a P/E ratio of 20.82 and a beta of 0.60. Invesco Dorsey Wright Utilities Momentum ETF has a fifty-two week low of $28.14 and a fifty-two week high of $36.56. The firm’s fifty day moving average price is $35.17 and its 200-day moving average price is $33.05.

Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 24th will be given a $0.2194 dividend. The ex-dividend date is Monday, June 24th. This is a positive change from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.15. This represents a $0.88 annualized dividend and a yield of 2.52%.

About Invesco Dorsey Wright Utilities Momentum ETF

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).