Concurrent Investment Advisors LLC Makes New $439,000 Investment in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Concurrent Investment Advisors LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,857 shares of the company’s stock, valued at approximately $439,000.

Other hedge funds have also bought and sold shares of the company. FMR LLC grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 17.1% during the 3rd quarter. FMR LLC now owns 404 shares of the company’s stock valued at $62,000 after purchasing an additional 59 shares during the period. Larson Financial Group LLC grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 5.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,964 shares of the company’s stock valued at $300,000 after purchasing an additional 95 shares during the period. MGB Wealth Management LLC grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the 3rd quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock valued at $134,000 after purchasing an additional 100 shares during the period. Private Advisor Group LLC grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 0.9% during the 4th quarter. Private Advisor Group LLC now owns 12,615 shares of the company’s stock valued at $1,940,000 after purchasing an additional 107 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at about $31,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Down 1.7 %

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $144.54 on Tuesday. The business has a 50-day simple moving average of $157.82 and a two-hundred day simple moving average of $157.02. The company has a market cap of $371.47 million, a P/E ratio of 29.49 and a beta of 1.15. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $126.68 and a 52-week high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2497 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF 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.