Janney Montgomery Scott LLC Raises Stake in Invesco DWA Utilities Momentum ETF (NASDAQ:PUI)

Janney Montgomery Scott LLC raised its position in shares of Invesco DWA Utilities Momentum ETF (NASDAQ:PUI) by 631.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,125 shares of the company’s stock after purchasing an additional 47,589 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco DWA Utilities Momentum ETF were worth $1,930,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Atria Investments LLC raised its position in shares of Invesco DWA Utilities Momentum ETF by 5,641.6% during the second quarter. Atria Investments LLC now owns 614,123 shares of the company’s stock valued at $28,827,000 after buying an additional 603,427 shares during the last quarter. Niemann Capital Management Inc. bought a new stake in shares of Invesco DWA Utilities Momentum ETF during the second quarter valued at approximately $15,625,000. UBS Group AG raised its position in shares of Invesco DWA Utilities Momentum ETF by 95.0% during the second quarter. UBS Group AG now owns 471,536 shares of the company’s stock valued at $15,325,000 after buying an additional 229,737 shares during the last quarter. Affinity Wealth Management LLC raised its position in shares of Invesco DWA Utilities Momentum ETF by 7.6% during the second quarter. Affinity Wealth Management LLC now owns 413,529 shares of the company’s stock valued at $13,440,000 after buying an additional 29,331 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV raised its position in shares of Invesco DWA Utilities Momentum ETF by 1.1% during the third quarter. Mainstay Capital Management LLC ADV now owns 385,801 shares of the company’s stock valued at $13,526,000 after buying an additional 4,169 shares during the last quarter.

Invesco DWA Utilities Momentum ETF stock opened at $33.69 on Thursday. Invesco DWA Utilities Momentum ETF has a 1 year low of $27.67 and a 1 year high of $35.27. The firm’s 50 day moving average price is $34.60 and its 200-day moving average price is $33.29.

Invesco DWA Utilities Momentum ETF Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).

Further Reading: What is Considered a Good Return on Equity (ROE)?

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Institutional Ownership by Quarter for Invesco DWA Utilities Momentum ETF (NASDAQ:PUI)

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