Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Down 80.0% in March

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, a drop of 80.0% from the February 28th total of 7,500 shares. Based on an average trading volume of 31,500 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Invesco DWA Emerging Markets Momentum ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Carolinas Wealth Consulting LLC grew its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 6.5% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 9,851 shares of the company’s stock worth $189,000 after purchasing an additional 599 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 64,142 shares of the company’s stock valued at $1,233,000 after purchasing an additional 606 shares in the last quarter. M Holdings Securities Inc. grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 0.3% during the fourth quarter. M Holdings Securities Inc. now owns 338,068 shares of the company’s stock valued at $6,498,000 after buying an additional 863 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 27.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock valued at $138,000 after acquiring an additional 1,545 shares during the last quarter. Finally, MorganRosel Wealth Management LLC lifted its position in Invesco DWA Emerging Markets Momentum ETF by 9.3% in the fourth quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock valued at $676,000 after purchasing an additional 2,994 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

Shares of NASDAQ PIE opened at $18.72 on Thursday. The stock has a fifty day moving average of $18.89 and a 200-day moving average of $19.60. The stock has a market cap of $102.02 million, a PE ratio of 13.49 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $18.07 and a fifty-two week high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.008 per share. The ex-dividend date is Monday, March 24th.

About Invesco DWA Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.