Trueblood Wealth Management LLC Takes Position in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Trueblood Wealth Management LLC bought a new position in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,393 shares of the company’s stock, valued at approximately $239,000. Trueblood Wealth Management LLC owned 0.41% of Invesco Dorsey Wright Energy Momentum ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PXI. JPMorgan Chase & Co. bought a new position in shares of Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter worth about $27,000. Sanctuary Advisors LLC bought a new position in Invesco Dorsey Wright Energy Momentum ETF during the second quarter valued at about $253,000. Private Advisor Group LLC raised its holdings in Invesco Dorsey Wright Energy Momentum ETF by 9.3% in the 3rd quarter. Private Advisor Group LLC now owns 5,867 shares of the company’s stock valued at $253,000 after acquiring an additional 500 shares in the last quarter. Finally, One Plus One Wealth Management LLC lifted its position in shares of Invesco Dorsey Wright Energy Momentum ETF by 3.0% in the 3rd quarter. One Plus One Wealth Management LLC now owns 96,693 shares of the company’s stock worth $4,171,000 after acquiring an additional 2,799 shares during the period.

Invesco Dorsey Wright Energy Momentum ETF Trading Up 0.6 %

Shares of NASDAQ:PXI opened at $48.78 on Monday. The business’s 50 day moving average is $46.95 and its 200-day moving average is $45.89. The firm has a market capitalization of $64.88 million, a PE ratio of 7.40 and a beta of 1.68. Invesco Dorsey Wright Energy Momentum ETF has a 1-year low of $40.32 and a 1-year high of $51.97.

Invesco Dorsey Wright Energy Momentum ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.185 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Dorsey Wright Energy Momentum ETF

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.