Sowell Financial Services LLC Acquires 3,160 Shares of Invesco Dorsey Wright Industrials Momentum ETF $PRN

Sowell Financial Services LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the third quarter, HoldingsChannel.com reports. The fund purchased 3,160 shares of the company’s stock, valued at approximately $625,000.

Other institutional investors have also recently modified their holdings of the company. Paller Financial Services Inc lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 2.7% in the third quarter. Paller Financial Services Inc now owns 19,455 shares of the company’s stock valued at $3,849,000 after acquiring an additional 512 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF during the second quarter worth approximately $2,785,000. American Trust grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 1.4% in the 1st quarter. American Trust now owns 9,035 shares of the company’s stock worth $1,758,000 after acquiring an additional 126 shares during the period. Genesee Capital Advisors LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the third quarter valued at $1,233,000. Finally, Kestra Advisory Services LLC grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 30.8% in the first quarter. Kestra Advisory Services LLC now owns 6,134 shares of the company’s stock valued at $1,193,000 after purchasing an additional 1,444 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 0.5%

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $194.52 on Tuesday. The stock has a fifty day moving average price of $197.56 and a 200 day moving average price of $214.15. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $156.00 and a 52 week high of $262.73. The firm has a market capitalization of $311.23 million, a P/E ratio of 28.33 and a beta of 1.28.

Invesco Dorsey Wright Industrials Momentum ETF Company Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.