UBS Group AG Buys 19,183 Shares of Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

UBS Group AG increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 294,971 shares of the company’s stock after acquiring an additional 19,183 shares during the quarter. UBS Group AG’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $14,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sanctuary Advisors LLC boosted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 60.9% during the fourth quarter. Sanctuary Advisors LLC now owns 16,716 shares of the company’s stock worth $819,000 after acquiring an additional 6,330 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 728.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,895 shares of the company’s stock worth $191,000 after acquiring an additional 3,425 shares during the last quarter. PFG Advisors bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter worth $1,549,000. Bolthouse Investments LLC bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the fourth quarter worth $205,000. Finally, Mainstay Capital Management LLC ADV boosted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.2% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 4,927 shares of the company’s stock worth $241,000 after acquiring an additional 372 shares during the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Performance

Shares of NASDAQ:PIZ opened at $58.63 on Thursday. The firm has a fifty day moving average price of $53.01 and a 200 day moving average price of $51.25. Invesco Dorsey Wright Developed Markets Momentum ETF has a fifty-two week low of $41.88 and a fifty-two week high of $59.47. The firm has a market cap of $806.16 million, a price-to-earnings ratio of 18.27 and a beta of 1.11.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.1519 per share. The ex-dividend date was Monday, March 23rd. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.0%.

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. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.