Raymond James & Associates Sells 2,272 Shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Raymond James & Associates lowered its position in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 134,034 shares of the company’s stock after selling 2,272 shares during the quarter. Raymond James & Associates owned approximately 3.72% of Invesco DWA Developed Markets Momentum ETF worth $4,786,000 at the end of the most recent reporting period.

Separately, Janney Montgomery Scott LLC grew its stake in shares of Invesco DWA Developed Markets Momentum ETF by 24.6% during the first quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock worth $391,000 after purchasing an additional 2,237 shares during the period.

Invesco DWA Developed Markets Momentum ETF Stock Up 0.5 %

Shares of Invesco DWA Developed Markets Momentum ETF stock opened at $37.24 on Friday. Invesco DWA Developed Markets Momentum ETF has a 12 month low of $27.16 and a 12 month high of $37.44. The business has a fifty day simple moving average of $35.85 and a 200 day simple moving average of $34.83. The stock has a market cap of $134.05 million, a PE ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.2017 per share. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco DWA Developed Markets Momentum ETF’s previous quarterly dividend of $0.09. This represents a $0.81 dividend on an annualized basis and a dividend yield of 2.17%.

Invesco DWA Developed Markets Momentum ETF Company 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.