Sowell Financial Services LLC Makes New Investment in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Sowell Financial Services LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,160 shares of the company’s stock, valued at approximately $625,000. Sowell Financial Services LLC owned 0.19% of Invesco Dorsey Wright Industrials Momentum ETF as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Genesee Capital Advisors LLC acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF during the third quarter worth about $1,233,000. Mather Group LLC. bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth about $32,000. Signal Advisors Wealth LLC bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth about $541,000. Fagan Associates Inc. acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter valued at about $793,000. Finally, Paller Financial Services Inc lifted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 2.7% in the 3rd 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 during the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 0.6%

NASDAQ:PRN opened at $193.37 on Friday. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $156.00 and a twelve month high of $262.73. The company has a 50-day moving average of $199.74 and a 200-day moving average of $221.00. The firm has a market cap of $324.85 million, a price-to-earnings 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.