Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 15.4% during the 2nd quarter, Holdings Channel reports. The fund owned 14,382 shares of the company’s stock after selling 2,611 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF were worth $1,398,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter valued at approximately $532,000. Commonwealth Equity Services LLC raised its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 1.4% in the second quarter. Commonwealth Equity Services LLC now owns 19,593 shares of the company’s stock valued at $1,905,000 after acquiring an additional 264 shares in the last quarter. New Millennium Group LLC acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the second quarter worth approximately $27,000. B. Riley Wealth Advisors Inc. raised its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 2.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 5,172 shares of the company’s stock worth $505,000 after purchasing an additional 108 shares in the last quarter. Finally, Maltin Wealth Management Inc. raised its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 4.3% during the first quarter. Maltin Wealth Management Inc. now owns 5,582 shares of the company’s stock worth $545,000 after purchasing an additional 228 shares in the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Up 0.7 %

Shares of PSL opened at $102.13 on Wednesday. The firm has a market cap of $90.90 million, a PE ratio of 25.07 and a beta of 0.73. The company’s 50 day simple moving average is $99.99 and its 200-day simple moving average is $97.72. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 12-month low of $78.66 and a 12-month high of $102.20.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.101 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.40%.

Invesco Dorsey Wright Consumer Staples Momentum ETF Profile

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.