J.W. Cole Advisors Inc. Purchases 221 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

J.W. Cole Advisors Inc. raised its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,295 shares of the company’s stock after buying an additional 221 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.26% of Invesco Dorsey Wright Industrials Momentum ETF worth $599,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Advisors Preferred LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 4th quarter valued at $29,000. Baystate Wealth Management LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the fourth quarter worth about $32,000. Raymond James & Associates grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 8.1% during the fourth quarter. Raymond James & Associates now owns 3,376 shares of the company’s stock worth $400,000 after buying an additional 252 shares in the last quarter. Stonebridge Financial Planning Group LLC grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 11.5% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 3,871 shares of the company’s stock worth $458,000 after buying an additional 400 shares in the last quarter. Finally, Silver Oak Securities Incorporated grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 13.8% during the third quarter. Silver Oak Securities Incorporated now owns 9,451 shares of the company’s stock worth $955,000 after buying an additional 1,146 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Invesco Dorsey Wright Industrials Momentum ETF stock traded down $0.80 during midday trading on Friday, hitting $133.74. 20,144 shares of the company’s stock were exchanged, compared to its average volume of 10,135. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $94.08 and a 52-week high of $142.46. The stock has a 50-day moving average price of $135.86 and a two-hundred day moving average price of $130.29. The company has a market cap of $228.70 million, a P/E ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.0286 per share. This represents a $0.11 annualized dividend and a yield of 0.09%. The ex-dividend date was Monday, June 24th.

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.