J.W. Cole Advisors Inc. Buys 363 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

J.W. Cole Advisors Inc. raised its stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 8.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,435 shares of the company’s stock after buying an additional 363 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the second quarter valued at approximately $33,000. Lynx Investment Advisory bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF during the 2nd quarter valued at $40,000. RPS Advisory Solutions LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter worth $218,000. Private Advisory Group LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $219,000. Finally, Western Financial Corp CA bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $365,000.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

PRN stock opened at $158.80 on Wednesday. Invesco Dorsey Wright Industrials Momentum ETF has a 1-year low of $94.43 and a 1-year high of $162.69. The business has a 50-day moving average price of $150.14 and a 200 day moving average price of $141.22. The company has a market capitalization of $347.77 million, a P/E ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

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

Invesco Dorsey Wright Industrials Momentum ETF Profile

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.