AMJ Financial Wealth Management Trims Stock Position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

AMJ Financial Wealth Management cut its stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 4.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,178 shares of the company’s stock after selling 218 shares during the quarter. AMJ Financial Wealth Management owned about 0.21% of Invesco Dorsey Wright Industrials Momentum ETF worth $796,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC bought a new stake in Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter worth about $19,248,000. Raymond James & Associates boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 698.9% during the 3rd quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock valued at $3,860,000 after acquiring an additional 22,070 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 217.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,080 shares of the company’s stock worth $2,793,000 after acquiring an additional 12,380 shares during the period. Stifel Financial Corp bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth approximately $2,694,000. Finally, StoneX Group Inc. raised its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 4.5% during the third quarter. StoneX Group Inc. now owns 14,647 shares of the company’s stock valued at $2,241,000 after purchasing an additional 636 shares during the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Trading Down 3.2 %

Shares of PRN stock opened at $143.66 on Tuesday. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $126.68 and a 12-month high of $180.08. The stock has a market capitalization of $360.59 million, a P/E ratio of 29.49 and a beta of 1.07. The firm’s 50 day moving average is $156.63 and its 200 day moving average is $157.31.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.2497 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Company Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.