Benjamin Edwards Inc. Takes $247,000 Position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL)

Benjamin Edwards Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) during the 4th quarter, Holdings Channel.com reports. The fund acquired 2,351 shares of the company’s stock, valued at approximately $247,000.

Several other large investors have also made changes to their positions in PSL. IMC Chicago LLC boosted its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 74.6% during the fourth quarter. IMC Chicago LLC now owns 18,258 shares of the company’s stock worth $1,916,000 after buying an additional 7,799 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% during the fourth quarter. Global Retirement Partners LLC now owns 857 shares of the company’s stock worth $90,000 after buying an additional 152 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 265.2% during the fourth quarter. Jones Financial Companies Lllp now owns 252 shares of the company’s stock worth $26,000 after buying an additional 183 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the fourth quarter worth $373,000. Finally, LPL Financial LLC boosted its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% during the fourth quarter. LPL Financial LLC now owns 27,379 shares of the company’s stock worth $2,873,000 after buying an additional 4,857 shares in the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Performance

Shares of NASDAQ PSL opened at $109.77 on Monday. The company’s fifty day moving average price is $107.05 and its 200 day moving average price is $107.65. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $94.71 and a 1 year high of $114.45. The company has a market capitalization of $92.21 million, a PE ratio of 21.17 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.2207 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous dividend of $0.21.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

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.