Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) Stock Holdings Increased by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC grew its stake in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 59.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,623 shares of the company’s stock after purchasing an additional 3,230 shares during the quarter. Trueblood Wealth Management LLC’s holdings in Invesco Dorsey Wright Energy Momentum ETF were worth $377,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in Invesco Dorsey Wright Energy Momentum ETF by 6.3% in the 4th quarter. LPL Financial LLC now owns 47,218 shares of the company’s stock worth $2,094,000 after buying an additional 2,811 shares in the last quarter. IHT Wealth Management LLC lifted its position in Invesco Dorsey Wright Energy Momentum ETF by 4.4% in the fourth quarter. IHT Wealth Management LLC now owns 35,917 shares of the company’s stock worth $1,593,000 after purchasing an additional 1,521 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF in the fourth quarter worth approximately $885,000. Farther Finance Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF during the 1st quarter valued at $56,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF during the 4th quarter valued at $45,000.

Invesco Dorsey Wright Energy Momentum ETF Stock Performance

Shares of NASDAQ:PXI opened at $42.98 on Thursday. The stock has a fifty day moving average of $40.05 and a 200-day moving average of $43.42. Invesco Dorsey Wright Energy Momentum ETF has a one year low of $34.54 and a one year high of $51.97. The company has a market capitalization of $45.13 million, a PE ratio of 15.68 and a beta of 0.95.

Invesco Dorsey Wright Energy Momentum ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.1574 per share. The ex-dividend date was Monday, March 24th.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.