SPC Financial Inc. Purchases Shares of 23,756 Invesco Dorsey Wright Utilities Momentum ETF $PUI

SPC Financial Inc. purchased a new stake in Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,756 shares of the company’s stock, valued at approximately $994,000.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA bought a new stake in Invesco Dorsey Wright Utilities Momentum ETF in the 1st quarter valued at $56,000. Farther Finance Advisors LLC bought a new stake in Invesco Dorsey Wright Utilities Momentum ETF in the 1st quarter valued at $336,000. Janney Montgomery Scott LLC bought a new stake in Invesco Dorsey Wright Utilities Momentum ETF in the 2nd quarter valued at $4,768,000. ROI Financial Advisors LLC boosted its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 1.3% in the 1st quarter. ROI Financial Advisors LLC now owns 43,787 shares of the company’s stock valued at $1,793,000 after purchasing an additional 550 shares during the period. Finally, Silver Oak Securities Incorporated bought a new stake in Invesco Dorsey Wright Utilities Momentum ETF in the 2nd quarter valued at $2,476,000.

Invesco Dorsey Wright Utilities Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Utilities Momentum ETF stock opened at $47.03 on Friday. Invesco Dorsey Wright Utilities Momentum ETF has a fifty-two week low of $36.90 and a fifty-two week high of $48.07. The firm has a fifty day moving average price of $44.68 and a two-hundred day moving average price of $42.49. The company has a market cap of $53.61 million, a PE ratio of 20.63 and a beta of 0.60.

Invesco Dorsey Wright Utilities Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were given a $0.2162 dividend. This represents a $0.86 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco Dorsey Wright Utilities Momentum ETF Company 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).