Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Stake Reduced by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC trimmed its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 61.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,298 shares of the company’s stock after selling 30,898 shares during the quarter. Trueblood Wealth Management LLC’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $1,024,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in PIZ. Royal Bank of Canada boosted its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 6.1% during the 1st quarter. Royal Bank of Canada now owns 612,716 shares of the company’s stock valued at $30,342,000 after purchasing an additional 35,439 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 27.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 360,890 shares of the company’s stock worth $18,464,000 after purchasing an additional 77,755 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 96.4% in the 1st quarter. Cetera Investment Advisers now owns 146,141 shares of the company’s stock worth $7,237,000 after purchasing an additional 71,727 shares in the last quarter. Redstone Wealth Management LLC raised its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 4.8% in the 3rd quarter. Redstone Wealth Management LLC now owns 88,782 shares of the company’s stock worth $4,709,000 after purchasing an additional 4,070 shares in the last quarter. Finally, Baird Financial Group Inc. bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth approximately $3,429,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

PIZ stock opened at $48.34 on Monday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12 month low of $45.74 and a 12 month high of $59.47. The firm has a market cap of $584.91 million, a PE ratio of 18.27 and a beta of 1.10. The firm has a 50 day simple moving average of $52.62 and a 200 day simple moving average of $54.16.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a $0.1275 dividend. This represents a $0.51 annualized dividend and a yield of 1.1%. This is a negative change from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.4502. The ex-dividend date was Monday, September 21st.

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.