Raymond James & Associates Has $4.27 Million Holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Raymond James & Associates decreased its stake in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 15.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 112,693 shares of the company’s stock after selling 21,341 shares during the quarter. Raymond James & Associates’ holdings in Invesco DWA Developed Markets Momentum ETF were worth $4,270,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in shares of Invesco DWA Developed Markets Momentum ETF by 0.7% in the second quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock valued at $2,047,000 after purchasing an additional 384 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Invesco DWA Developed Markets Momentum ETF by 24.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock valued at $391,000 after buying an additional 2,237 shares during the period. Carolinas Wealth Consulting LLC increased its holdings in Invesco DWA Developed Markets Momentum ETF by 8.7% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock valued at $163,000 after buying an additional 367 shares during the period. Finally, Del Sette Capital Management LLC increased its holdings in Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the 2nd quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock valued at $5,586,000 after buying an additional 142,640 shares during the period.

Invesco DWA Developed Markets Momentum ETF Price Performance

Shares of Invesco DWA Developed Markets Momentum ETF stock opened at $36.91 on Friday. The firm has a market capitalization of $136.57 million, a PE ratio of 20.28 and a beta of 1.00. The company’s fifty day moving average price is $37.17 and its two-hundred day moving average price is $35.92. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $28.23 and a 52-week high of $38.44.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.032 dividend. This represents a $0.13 annualized dividend and a yield of 0.35%. The ex-dividend date was Monday, September 23rd.

Invesco DWA Developed Markets Momentum ETF 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.