Raymond James Financial Inc. Buys New Holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Raymond James Financial Inc. purchased a new position in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) in the 4th quarter, Holdings Channel.com reports. The fund purchased 150,437 shares of the company’s stock, valued at approximately $5,463,000.

A number of other large investors also recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 9.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock worth $162,000 after purchasing an additional 392 shares during the period. Lunt Capital Management Inc. acquired a new position in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at approximately $293,000. Finally, Global Retirement Partners LLC purchased a new stake in Invesco DWA Developed Markets Momentum ETF during the fourth quarter worth approximately $297,000.

Invesco DWA Developed Markets Momentum ETF Stock Up 0.7 %

Invesco DWA Developed Markets Momentum ETF stock opened at $39.42 on Tuesday. The firm has a fifty day moving average of $38.86 and a 200-day moving average of $37.82. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $32.68 and a 52-week high of $40.48. The firm has a market capitalization of $191.19 million, a P/E ratio of 19.94 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.1504 dividend. The ex-dividend date is Monday, March 24th.

Invesco DWA Developed Markets Momentum ETF Company 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.