Cyndeo Wealth Partners LLC Decreases Stake in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Cyndeo Wealth Partners LLC cut its stake in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 13.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,597 shares of the company’s stock after selling 4,046 shares during the period. Cyndeo Wealth Partners LLC owned 0.72% of Invesco DWA Developed Markets Momentum ETF worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PIZ. Janney Montgomery Scott LLC raised its position in Invesco DWA Developed Markets Momentum ETF by 24.6% during the first quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock valued at $391,000 after purchasing an additional 2,237 shares during the period. Commonwealth Equity Services LLC raised its position in Invesco DWA Developed Markets Momentum ETF by 0.7% during 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 during the period. Del Sette Capital Management LLC raised its position in Invesco DWA Developed Markets Momentum ETF by 1,035.5% during the second quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock valued at $5,586,000 after purchasing an additional 142,640 shares during the period. Finally, Carolinas Wealth Consulting LLC raised its position in Invesco DWA Developed Markets Momentum ETF by 8.7% during the second quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock valued at $163,000 after purchasing an additional 367 shares during the period.

Invesco DWA Developed Markets Momentum ETF Stock Performance

Shares of NASDAQ PIZ opened at $37.88 on Monday. The business’s 50 day moving average price is $36.98 and its 200-day moving average price is $35.69. Invesco DWA Developed Markets Momentum ETF has a fifty-two week low of $27.16 and a fifty-two week high of $38.44. The company has a market cap of $140.16 million, a price-to-earnings ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.032 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.13 annualized dividend and a yield of 0.34%.

About Invesco DWA Developed Markets Momentum ETF

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.