Hennion & Walsh Asset Management Inc. Purchases Shares of 2,750 Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Hennion & Walsh Asset Management Inc. acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,750 shares of the company’s stock, valued at approximately $419,000. Hennion & Walsh Asset Management Inc. owned about 0.13% of Invesco Dorsey Wright Industrials Momentum ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PRN. Private Advisor Group LLC grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 39.6% during the third quarter. Private Advisor Group LLC now owns 12,508 shares of the company’s stock valued at $1,914,000 after acquiring an additional 3,550 shares during the period. Western Financial Corp CA purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth about $365,000. Raymond James & Associates increased its position in Invesco Dorsey Wright Industrials Momentum ETF by 698.9% during the 3rd quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock worth $3,860,000 after purchasing an additional 22,070 shares in the last quarter. Private Advisory Group LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter valued at approximately $219,000. Finally, Cetera Investment Advisers lifted its position in Invesco Dorsey Wright Industrials Momentum ETF by 42.7% during the second quarter. Cetera Investment Advisers now owns 8,632 shares of the company’s stock valued at $1,151,000 after buying an additional 2,582 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Up 1.6 %

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $159.68 on Tuesday. The firm has a fifty day moving average of $149.78 and a 200-day moving average of $141.06. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $94.43 and a 52-week high of $162.69. The firm has a market capitalization of $349.70 million, a P/E ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.243 dividend. This is an increase from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03. This represents a $0.97 annualized dividend and a yield of 0.61%. The ex-dividend date was Monday, September 23rd.

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.