Monument Capital Management Has $668,000 Stake in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Monument Capital Management lessened its position in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 23.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 19,383 shares of the company’s stock after selling 5,794 shares during the period. Monument Capital Management’s holdings in Invesco DWA Developed Markets Momentum ETF were worth $668,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Lunt Capital Management Inc. grew its holdings in Invesco DWA Developed Markets Momentum ETF by 59.8% in the fourth quarter. Lunt Capital Management Inc. now owns 17,493 shares of the company’s stock worth $556,000 after purchasing an additional 6,549 shares during the period. Trueblood Wealth Management LLC bought a new position in shares of Invesco DWA Developed Markets Momentum ETF during the 4th quarter worth about $797,000. PFG Investments LLC grew its stake in shares of Invesco DWA Developed Markets Momentum ETF by 239.5% in the 4th quarter. PFG Investments LLC now owns 28,828 shares of the company’s stock valued at $916,000 after buying an additional 20,336 shares during the period. Finally, Refined Wealth Management increased its position in Invesco DWA Developed Markets Momentum ETF by 6.5% in the 4th quarter. Refined Wealth Management now owns 75,463 shares of the company’s stock valued at $2,397,000 after buying an additional 4,610 shares in the last quarter.

Invesco DWA Developed Markets Momentum ETF Trading Up 1.1 %

PIZ stock traded up $0.38 during trading on Wednesday, reaching $35.95. 2,715 shares of the stock were exchanged, compared to its average volume of 15,552. Invesco DWA Developed Markets Momentum ETF has a twelve month low of $27.16 and a twelve month high of $36.45. The firm’s 50 day moving average is $35.08 and its 200 day moving average is $33.65. The firm has a market cap of $133.02 million, a P/E ratio of 20.28 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.2017 per share. This represents a $0.81 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend was Monday, June 24th. This is a positive change from Invesco DWA Developed Markets Momentum ETF’s previous quarterly dividend of $0.09.

About Invesco DWA Developed Markets Momentum ETF

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.