Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lowered its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 3.5% during the third quarter, Holdings Channel reports. The fund owned 7,370 shares of the company’s stock after selling 271 shares during the quarter. SPC Financial Inc.’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $1,128,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 2.3% during the first quarter. Janney Montgomery Scott LLC now owns 65,196 shares of the company’s stock valued at $9,098,000 after acquiring an additional 1,442 shares during the last quarter. SMI Advisory Services LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 1st quarter worth about $4,472,000. Cambridge Investment Research Advisors Inc. boosted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 60.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock worth $3,009,000 after buying an additional 8,490 shares during the last quarter. Genesee Capital Advisors LLC boosted its stake in Invesco Dorsey Wright Industrials Momentum ETF by 9.9% in the 2nd quarter. Genesee Capital Advisors LLC now owns 17,106 shares of the company’s stock worth $2,281,000 after buying an additional 1,544 shares during the last quarter. Finally, Founders Financial Securities LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter worth about $1,994,000.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 2.6 %

Shares of NASDAQ:PRN opened at $161.82 on Thursday. The stock’s 50-day moving average price is $146.32 and its two-hundred day moving average price is $139.85. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $94.08 and a 12-month high of $161.86. The firm has a market cap of $347.91 million, a price-to-earnings ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.243 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 0.60%. This is a positive change from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, September 23rd.

About Invesco Dorsey Wright Industrials Momentum ETF

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.