Prospera Financial Services Inc Lowers Position in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Prospera Financial Services Inc decreased its stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 11.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,564 shares of the company’s stock after selling 7,888 shares during the period. Prospera Financial Services Inc’s holdings in Invesco DWA Emerging Markets Momentum ETF were worth $1,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Nicholson Wealth Management Group LLC bought a new stake in Invesco DWA Emerging Markets Momentum ETF during the third quarter valued at about $2,535,000. International Assets Investment Management LLC grew its position in shares of Invesco DWA Emerging Markets Momentum ETF by 1,186,290.3% during the third quarter. International Assets Investment Management LLC now owns 7,213,253 shares of the company’s stock worth $148,737,000 after purchasing an additional 7,212,645 shares in the last quarter. MorganRosel Wealth Management LLC raised its stake in Invesco DWA Emerging Markets Momentum ETF by 3.3% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 32,167 shares of the company’s stock valued at $663,000 after purchasing an additional 1,036 shares during the period. Maltin Wealth Management Inc. raised its stake in Invesco DWA Emerging Markets Momentum ETF by 8.5% during the 3rd quarter. Maltin Wealth Management Inc. now owns 298,237 shares of the company’s stock valued at $6,150,000 after purchasing an additional 23,468 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco DWA Emerging Markets Momentum ETF by 8.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock worth $745,000 after purchasing an additional 2,812 shares in the last quarter.

Invesco DWA Emerging Markets Momentum ETF Price Performance

PIE stock opened at $19.93 on Friday. The company has a market capitalization of $122.55 million, a price-to-earnings ratio of 10.25 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a 1-year low of $18.10 and a 1-year high of $22.15. The business has a 50 day simple moving average of $20.33 and a two-hundred day simple moving average of $20.76.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.145 per share. The ex-dividend date was Monday, September 23rd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.91%.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.