Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 869 shares, a growth of 64.0% from the September 30th total of 530 shares. Based on an average daily trading volume, of 259 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.4% of the company’s stock are sold short.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Down 1.4%
NASDAQ PEZ opened at $99.69 on Wednesday. The firm has a market capitalization of $21.93 million, a P/E ratio of 24.30 and a beta of 1.16. The business has a fifty day simple moving average of $96.17 and a 200 day simple moving average of $99.86. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12 month low of $90.81 and a 12 month high of $110.43.
Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
Several institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% during the first quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock valued at $992,000 after purchasing an additional 323 shares in the last quarter. Bank of America Corp DE boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% during the first quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock worth $2,491,000 after purchasing an additional 807 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 2nd quarter worth about $107,000. Fifth Third Bancorp bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter worth about $241,000. Finally, Genesee Capital Advisors LLC bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 3rd quarter worth about $254,000.
About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.
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