Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. cut its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 33.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,052 shares of the company’s stock after selling 527 shares during the period. Transamerica Financial Advisors Inc. owned about 0.12% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $108,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. New Millennium Group LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the second quarter worth about $27,000. Howe & Rusling Inc. acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $41,000. Selective Wealth Management Inc. acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the second quarter worth about $202,000. Meridian Wealth Management LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $206,000. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 2.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 5,172 shares of the company’s stock worth $505,000 after purchasing an additional 108 shares in the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Down 0.3 %

NASDAQ PSL opened at $110.11 on Thursday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 52-week low of $84.31 and a 52-week high of $110.81. The business’s 50-day moving average price is $103.02 and its 200 day moving average price is $99.76. The firm has a market cap of $95.79 million, a P/E ratio of 25.07 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.101 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.37%.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.