UBS Group AG trimmed its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN – Free Report) by 28.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,193 shares of the company’s stock after selling 5,316 shares during the period. UBS Group AG owned 0.78% of Invesco Dorsey Wright Industrials Momentum ETF worth $2,303,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of PRN. Paller Financial Services Inc acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter worth about $3,489,000. Stratos Wealth Partners LTD. acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth about $2,189,000. BNP Paribas Financial Markets acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth about $1,728,000. Tower Research Capital LLC TRC grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 267.5% in the second quarter. Tower Research Capital LLC TRC now owns 8,023 shares of the company’s stock worth $1,260,000 after purchasing an additional 5,840 shares in the last quarter. Finally, Genesee Capital Advisors LLC grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 90.5% in the fourth quarter. Genesee Capital Advisors LLC now owns 5,836 shares of the company’s stock worth $1,019,000 after purchasing an additional 2,772 shares in the last quarter.
Invesco Dorsey Wright Industrials Momentum ETF Stock Performance
NASDAQ:PRN opened at $247.06 on Thursday. The company has a market capitalization of $427.41 million, a price-to-earnings ratio of 28.33 and a beta of 1.28. Invesco Dorsey Wright Industrials Momentum ETF has a one year low of $146.20 and a one year high of $249.94. The stock has a 50-day simple moving average of $220.17 and a 200 day simple moving average of $198.86.
About Invesco Dorsey Wright Industrials Momentum ETF
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.
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