Wagner Wealth Management Corp decreased its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ – Free Report) by 56.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,006 shares of the company’s stock after selling 89,142 shares during the quarter. Invesco Dorsey Wright Developed Markets Momentum ETF comprises about 2.8% of Wagner Wealth Management Corp’s portfolio, making the stock its 8th biggest holding. Wagner Wealth Management Corp owned approximately 0.55% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $3,607,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Redstone Wealth Management LLC boosted its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 4.8% during the third quarter. Redstone Wealth Management LLC now owns 88,782 shares of the company’s stock worth $4,709,000 after acquiring an additional 4,070 shares during the last quarter. IFP Advisors Inc raised its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 276.1% in the 3rd quarter. IFP Advisors Inc now owns 28,455 shares of the company’s stock valued at $1,509,000 after acquiring an additional 20,890 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 27.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 360,890 shares of the company’s stock valued at $18,464,000 after acquiring an additional 77,755 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter valued at about $309,000. Finally, Lunt Capital Management Inc. purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter worth approximately $771,000.
Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance
PIZ opened at $50.11 on Wednesday. The company’s 50 day simple moving average is $52.93 and its two-hundred day simple moving average is $54.18. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1-year low of $45.74 and a 1-year high of $59.47. The firm has a market capitalization of $618.86 million, a price-to-earnings ratio of 18.27 and a beta of 1.10.
Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.1275 dividend. This is a drop from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.4502. This represents a $0.51 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, September 21st.
About Invesco Dorsey Wright Developed Markets Momentum ETF
PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
Further Reading
- Five stocks we like better than Invesco Dorsey Wright Developed Markets Momentum ETF
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Receive News & Ratings for Invesco Dorsey Wright Developed Markets Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Developed Markets Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
