Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Price Down 0.2% – Here’s Why

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ)’s stock price was down 0.2% during mid-day trading on Monday . The stock traded as low as $105.53 and last traded at $105.5350. Approximately 352 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 5,798 shares. The stock had previously closed at $105.79.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Down 0.2%

The company has a market capitalization of $51.71 million, a PE ratio of 24.30 and a beta of 1.30. The company has a fifty day simple moving average of $98.35 and a 200-day simple moving average of $98.71.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Transamerica Financial Advisors LLC boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.8% in the 1st quarter. Transamerica Financial Advisors LLC now owns 156,636 shares of the company’s stock valued at $13,471,000 after purchasing an additional 4,297 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 3rd quarter worth approximately $2,540,000. Bank of America Corp DE raised its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock valued at $2,464,000 after buying an additional 282 shares during the period. Osaic Holdings Inc. raised its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.8% during the 2nd quarter. Osaic Holdings Inc. now owns 13,411 shares of the company’s stock valued at $1,334,000 after buying an additional 616 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock valued at $1,039,000 after acquiring an additional 501 shares during the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.