Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 21.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,958 shares of the company’s stock after purchasing an additional 1,575 shares during the period. Private Advisor Group LLC’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $1,194,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 21.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 12,266 shares of the company’s stock worth $1,453,000 after acquiring an additional 2,134 shares during the period. SMI Advisory Services LLC acquired a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 1st quarter worth approximately $4,472,000. J.W. Cole Advisors Inc. grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 5.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 4,295 shares of the company’s stock worth $599,000 after acquiring an additional 221 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 2.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 65,196 shares of the company’s stock worth $9,098,000 after acquiring an additional 1,442 shares during the period. Finally, StoneX Group Inc. grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 1.0% in the 1st quarter. StoneX Group Inc. now owns 14,103 shares of the company’s stock worth $1,968,000 after acquiring an additional 143 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

PRN opened at $145.04 on Monday. The stock has a market cap of $239.32 million, a P/E ratio of 29.37 and a beta of 1.07. The stock’s 50 day simple moving average is $139.35 and its 200 day simple moving average is $137.05. Invesco Dorsey Wright Industrials Momentum ETF has a 1-year low of $94.08 and a 1-year high of $145.99.

Invesco Dorsey Wright Industrials Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a $0.0286 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco Dorsey Wright Industrials Momentum ETF

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.