Private Advisor Group LLC Has $253,000 Position in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Private Advisor Group LLC lifted its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 9.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,867 shares of the company’s stock after buying an additional 500 shares during the period. Private Advisor Group LLC’s holdings in Invesco Dorsey Wright Energy Momentum ETF were worth $253,000 at the end of the most recent quarter.

Separately, International Assets Investment Management LLC bought a new stake in Invesco Dorsey Wright Energy Momentum ETF during the second quarter worth $157,000.

Invesco Dorsey Wright Energy Momentum ETF Price Performance

Shares of PXI opened at $48.22 on Friday. The company has a market cap of $71.85 million, a PE ratio of 7.40 and a beta of 1.68. The firm has a 50-day moving average of $44.14 and a 200-day moving average of $46.11. Invesco Dorsey Wright Energy Momentum ETF has a one year low of $40.32 and a one year high of $51.20.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.218 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.19.

Invesco Dorsey Wright Energy Momentum ETF Company Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.