Octavia Wealth Advisors LLC Sells 237 Shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ)

Octavia Wealth Advisors LLC decreased its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 7.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,152 shares of the company’s stock after selling 237 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in Invesco Dorsey Wright Basic Materials Momentum ETF were worth $270,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PYZ. Wells Fargo & Company MN raised its stake in Invesco Dorsey Wright Basic Materials Momentum ETF by 30.4% during the second quarter. Wells Fargo & Company MN now owns 46,171 shares of the company’s stock valued at $3,334,000 after buying an additional 10,766 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 123.4% in the first quarter. Royal Bank of Canada now owns 16,054 shares of the company’s stock worth $1,586,000 after acquiring an additional 8,867 shares during the period. Citadel Advisors LLC grew its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 141.4% in the third quarter. Citadel Advisors LLC now owns 12,084 shares of the company’s stock worth $844,000 after acquiring an additional 7,078 shares during the period. Morgan Stanley grew its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 6.0% in the fourth quarter. Morgan Stanley now owns 103,764 shares of the company’s stock worth $8,203,000 after acquiring an additional 5,846 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 34.3% in the second quarter. Osaic Holdings Inc. now owns 17,179 shares of the company’s stock worth $1,473,000 after acquiring an additional 4,387 shares during the period.

Invesco Dorsey Wright Basic Materials Momentum ETF Price Performance

Shares of PYZ opened at $88.37 on Wednesday. Invesco Dorsey Wright Basic Materials Momentum ETF has a one year low of $72.33 and a one year high of $93.83. The firm has a market capitalization of $66.28 million, a P/E ratio of 10.27 and a beta of 1.36. The business has a fifty day moving average of $88.23 and a 200 day moving average of $82.74.

Invesco Dorsey Wright Basic Materials Momentum ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.2109 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Monday, March 18th.

About Invesco Dorsey Wright Basic Materials Momentum ETF

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.