Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Update

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 34,800 shares, a decline of 38.4% from the October 15th total of 56,500 shares. Based on an average trading volume of 22,700 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On Invesco DWA Developed Markets Momentum ETF

Several hedge funds have recently made changes to their positions in PIZ. Commonwealth Equity Services LLC lifted its stake in Invesco DWA Developed Markets Momentum ETF by 0.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock valued at $2,047,000 after acquiring an additional 384 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Invesco DWA Developed Markets Momentum ETF by 24.6% in the first quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock valued at $391,000 after purchasing an additional 2,237 shares during the last quarter. Carolinas Wealth Consulting LLC grew its position in Invesco DWA Developed Markets Momentum ETF by 8.7% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock worth $163,000 after purchasing an additional 367 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco DWA Developed Markets Momentum ETF by 44.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock valued at $24,092,000 after buying an additional 196,544 shares during the last quarter. Finally, Del Sette Capital Management LLC lifted its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the 2nd quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock valued at $5,586,000 after buying an additional 142,640 shares during the period.

Invesco DWA Developed Markets Momentum ETF Price Performance

NASDAQ:PIZ traded down $0.23 during trading hours on Friday, hitting $36.92. 14,720 shares of the company were exchanged, compared to its average volume of 18,236. Invesco DWA Developed Markets Momentum ETF has a 52-week low of $29.41 and a 52-week high of $38.44. The stock has a market capitalization of $136.60 million, a price-to-earnings ratio of 20.28 and a beta of 1.00. The company’s 50 day moving average price is $37.33 and its 200-day moving average price is $36.20.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.032 per share. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco DWA Developed Markets Momentum ETF Company Profile

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.