Raymond James Financial Services Advisors Inc. cut its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN – Free Report) by 1.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,715 shares of the company’s stock after selling 94 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.39% of Invesco Dorsey Wright Industrials Momentum ETF worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Lincoln National Corp raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 0.4% in the third quarter. Lincoln National Corp now owns 32,325 shares of the company’s stock worth $3,268,000 after acquiring an additional 139 shares during the period. DB Wealth Management Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 14.5% in the third quarter. DB Wealth Management Group LLC now owns 1,419 shares of the company’s stock worth $143,000 after acquiring an additional 180 shares during the period. Larson Financial Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.3% in the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock worth $185,000 after acquiring an additional 201 shares during the period. Raymond James & Associates raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 8.1% in the fourth quarter. Raymond James & Associates now owns 3,376 shares of the company’s stock worth $400,000 after acquiring an additional 252 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 13.0% in the third quarter. Private Advisor Group LLC now owns 3,150 shares of the company’s stock worth $318,000 after acquiring an additional 362 shares during the period.
Invesco Dorsey Wright Industrials Momentum ETF Stock Performance
Shares of Invesco Dorsey Wright Industrials Momentum ETF stock opened at $132.37 on Thursday. The company has a market cap of $217.09 million, a P/E ratio of 30.27 and a beta of 1.07. The firm has a 50-day simple moving average of $133.85 and a two-hundred day simple moving average of $117.99. Invesco Dorsey Wright Industrials Momentum ETF has a fifty-two week low of $90.63 and a fifty-two week high of $142.46.
Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement
About Invesco Dorsey Wright Industrials Momentum ETF
PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.
Featured Articles
- Five stocks we like better than Invesco Dorsey Wright Industrials Momentum ETF
- ETF Screener: Uses and Step-by-Step Guide
- United Airlines Soars on Earnings Beat
- How to invest in blue chip stocks
- J.B. Hunt Hits the Skids: Lower Prices to Come
- What is the Hang Seng index?
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Want to see what other hedge funds are holding PRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN – Free Report).
Receive News & Ratings for Invesco Dorsey Wright Industrials Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Industrials Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.