Del Sette Capital Management LLC Has $3.36 Million Position in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Del Sette Capital Management LLC trimmed its stake in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 9.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,119 shares of the company’s stock after selling 7,445 shares during the quarter. Invesco Dorsey Wright Developed Markets Momentum ETF comprises about 2.3% of Del Sette Capital Management LLC’s holdings, making the stock its 17th biggest position. Del Sette Capital Management LLC owned 0.83% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $3,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 208.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 651 shares of the company’s stock valued at $30,000 after buying an additional 440 shares during the period. ROSS JOHNSON & Associates LLC acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 1st quarter worth approximately $36,000. Spire Wealth Management bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter worth approximately $79,000. Ameritas Advisory Services LLC acquired a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter valued at approximately $129,000. Finally, Mainstay Capital Management LLC ADV bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the second quarter valued at approximately $419,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 0.1%

Shares of NASDAQ:PIZ opened at $46.28 on Friday. Invesco Dorsey Wright Developed Markets Momentum ETF has a twelve month low of $33.58 and a twelve month high of $49.14. The stock’s 50 day moving average is $47.72 and its 200-day moving average is $46.12. The firm has a market capitalization of $458.17 million, a price-to-earnings ratio of 18.27 and a beta of 1.05.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.027 dividend. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Monday, September 22nd.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

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.