Lunt Capital Management Inc. Invests $771,000 in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Lunt Capital Management Inc. bought a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,795 shares of the company’s stock, valued at approximately $771,000.

Several other institutional investors and hedge funds also recently modified their holdings of PIZ. Formidable Asset Management LLC lifted its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 133.9% during the first quarter. Formidable Asset Management LLC now owns 19,100 shares of the company’s stock valued at $936,000 after buying an additional 10,935 shares during the period. UBS Group AG grew its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 7.0% in the 4th quarter. UBS Group AG now owns 294,971 shares of the company’s stock worth $14,449,000 after acquiring an additional 19,183 shares during the period. Petra Financial Advisors Inc. acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 1st quarter valued at $681,000. PFG Investments LLC raised its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 183.0% in the 1st quarter. PFG Investments LLC now owns 18,443 shares of the company’s stock valued at $913,000 after acquiring an additional 11,926 shares during the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the 1st quarter worth $2,153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Down 0.8%

NASDAQ PIZ opened at $54.01 on Thursday. The business’s 50-day moving average price is $53.26 and its 200 day moving average price is $53.99. Invesco Dorsey Wright Developed Markets Momentum ETF has a twelve month low of $45.74 and a twelve month high of $59.47. The company has a market capitalization of $758.84 million, a PE ratio of 18.27 and a beta of 1.11.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4503 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 annualized dividend and a dividend yield of 3.3%.

Invesco Dorsey Wright Developed Markets Momentum ETF 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.