Horizon Bancorp Inc. IN Sells 108 Shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ)

Horizon Bancorp Inc. IN decreased its holdings in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 17.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 509 shares of the company’s stock after selling 108 shares during the period. Horizon Bancorp Inc. IN owned about 0.08% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $49,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PYZ. Maltin Wealth Management Inc. grew its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 4.3% during the 2nd quarter. Maltin Wealth Management Inc. now owns 5,250 shares of the company’s stock worth $459,000 after purchasing an additional 216 shares in the last quarter. IMC Chicago LLC acquired a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF in the first quarter valued at about $1,061,000. Finally, Truist Financial Corp boosted its position in Invesco Dorsey Wright Basic Materials Momentum ETF by 2.5% in the second quarter. Truist Financial Corp now owns 26,591 shares of the company’s stock valued at $2,325,000 after buying an additional 646 shares in the last quarter.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Basic Materials Momentum ETF stock traded down $0.69 on Friday, hitting $95.10. The stock had a trading volume of 1,475 shares, compared to its average volume of 2,528. The stock has a 50 day moving average of $92.50 and a 200 day moving average of $90.52. Invesco Dorsey Wright Basic Materials Momentum ETF has a twelve month low of $72.50 and a twelve month high of $97.88. The firm has a market capitalization of $59.91 million, a P/E ratio of 10.44 and a beta of 1.36.

Invesco Dorsey Wright Basic Materials Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Monday, September 23rd.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.