Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Stock Holdings Increased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. increased its holdings in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,658 shares of the company’s stock after purchasing an additional 123 shares during the quarter. Avantax Advisory Services Inc. owned 0.27% of Invesco Dorsey Wright Industrials Momentum ETF worth $1,024,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth approximately $31,000. Advisors Preferred LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter worth approximately $47,000. Global Retirement Partners LLC increased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 435.3% in the fourth quarter. Global Retirement Partners LLC now owns 364 shares of the company’s stock worth $56,000 after acquiring an additional 296 shares in the last quarter. FMR LLC increased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 17.1% in the third quarter. FMR LLC now owns 404 shares of the company’s stock worth $62,000 after acquiring an additional 59 shares in the last quarter. Finally, Spire Wealth Management increased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 473.3% in the fourth quarter. Spire Wealth Management now owns 860 shares of the company’s stock worth $132,000 after acquiring an additional 710 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $142.30 on Thursday. The firm’s 50 day simple moving average is $152.44 and its 200-day simple moving average is $156.90. The company has a market cap of $357.17 million, a P/E ratio of 26.47 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a fifty-two week low of $126.68 and a fifty-two week high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2497 dividend. The ex-dividend date was Monday, December 23rd.

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.