MorganRosel Wealth Management LLC Lowers Stock Holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

MorganRosel Wealth Management LLC lessened its stake in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 4.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 16,718 shares of the company’s stock after selling 799 shares during the quarter. MorganRosel Wealth Management LLC’s holdings in Invesco DWA Developed Markets Momentum ETF were worth $607,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 44.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after purchasing an additional 196,544 shares in the last quarter. Global Retirement Partners LLC bought a new position in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at $297,000. Lunt Capital Management Inc. purchased a new position in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter worth $293,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at about $204,000.

Invesco DWA Developed Markets Momentum ETF Price Performance

Shares of PIZ stock opened at $39.19 on Tuesday. The company has a market cap of $190.07 million, a PE ratio of 20.88 and a beta of 1.00. The stock’s 50 day simple moving average is $37.76 and its two-hundred day simple moving average is $37.39. Invesco DWA Developed Markets Momentum ETF has a 1 year low of $32.68 and a 1 year high of $40.48.

Invesco DWA Developed Markets Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.2876 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA 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.