Invesco Dorsey Wright Utilities Momentum ETF (PUI) to Distribute Dividend of $0.21 on June 26th

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) declared a dividend on Friday, June 19th, NASDAQ Dividends reports. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.2094 per share on Friday, June 26th. The ex-dividend date is Monday, June 22nd.

Invesco Dorsey Wright Utilities Momentum ETF Stock Performance

PUI stock opened at $46.92 on Friday. The company has a fifty day moving average price of $47.09 and a 200-day moving average price of $46.18. The company has a market capitalization of $76.48 million, a P/E ratio of 20.63 and a beta of 0.64. Invesco Dorsey Wright Utilities Momentum ETF has a 52-week low of $40.88 and a 52-week high of $49.30.

Institutional Trading of Invesco Dorsey Wright Utilities Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Arax Advisory Partners bought a new position in Invesco Dorsey Wright Utilities Momentum ETF during the 4th quarter worth $65,000. JPMorgan Chase & Co. grew its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 4,771.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock valued at $119,000 after buying an additional 2,529 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 1,659.7% in the 1st quarter. Sunbelt Securities Inc. now owns 2,622 shares of the company’s stock valued at $123,000 after buying an additional 2,473 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 513.7% in the 1st quarter. Parallel Advisors LLC now owns 3,130 shares of the company’s stock valued at $147,000 after buying an additional 2,620 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Invesco Dorsey Wright Utilities Momentum ETF in the second quarter valued at about $173,000.

About Invesco Dorsey Wright Utilities Momentum ETF

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). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.