Peapack Gladstone Financial Corp Has $591,000 Stake in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL)

Peapack Gladstone Financial Corp reduced its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 3.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 5,799 shares of the company’s stock after selling 185 shares during the period. Peapack Gladstone Financial Corp owned about 0.67% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $591,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of PSL. Meridian Wealth Management LLC purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $206,000. Sunbelt Securities Inc. lifted its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,875 shares of the company’s stock worth $191,000 after buying an additional 1,871 shares in the last quarter. Maltin Wealth Management Inc. boosted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 10.6% in the 3rd quarter. Maltin Wealth Management Inc. now owns 6,250 shares of the company’s stock worth $636,000 after buying an additional 597 shares during the last quarter. Howe & Rusling Inc. bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the third quarter valued at approximately $41,000. Finally, New Millennium Group LLC purchased a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the second quarter valued at approximately $27,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Down 0.2 %

PSL stock opened at $109.86 on Monday. The stock has a market cap of $95.58 million, a P/E ratio of 25.07 and a beta of 0.73. The stock’s fifty day simple moving average is $105.31 and its two-hundred day simple moving average is $100.78. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1-year low of $89.09 and a 1-year high of $110.81.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

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

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.