Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) Shares Acquired by ROI Financial Advisors LLC

ROI Financial Advisors LLC lifted its holdings in Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) by 1.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,407 shares of the company’s stock after acquiring an additional 497 shares during the quarter. Invesco Dorsey Wright Utilities Momentum ETF accounts for 1.2% of ROI Financial Advisors LLC’s holdings, making the stock its 23rd biggest position. ROI Financial Advisors LLC owned approximately 3.17% of Invesco Dorsey Wright Utilities Momentum ETF worth $1,756,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PUI. Sunbelt Securities Inc. purchased a new stake in Invesco Dorsey Wright Utilities Momentum ETF in the 2nd quarter worth $962,000. Private Advisor Group LLC purchased a new stake in shares of Invesco Dorsey Wright Utilities Momentum ETF during the third quarter worth about $219,000. B. Riley Wealth Advisors Inc. raised its position in shares of Invesco Dorsey Wright Utilities Momentum ETF by 12.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,710 shares of the company’s stock worth $529,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in Invesco Dorsey Wright Utilities Momentum ETF by 1.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 17,705 shares of the company’s stock valued at $616,000 after buying an additional 279 shares in the last quarter.

Invesco Dorsey Wright Utilities Momentum ETF Stock Performance

NASDAQ PUI opened at $40.61 on Thursday. Invesco Dorsey Wright Utilities Momentum ETF has a one year low of $30.23 and a one year high of $41.27. The company has a market cap of $55.64 million, a P/E ratio of 20.82 and a beta of 0.60. The business has a fifty day moving average price of $39.82 and a 200 day moving average price of $37.31.

Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.23 dividend. This is a boost from Invesco Dorsey Wright Utilities Momentum ETF’s previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a yield of 2.27%. The ex-dividend date was Monday, September 23rd.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).