Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. reduced its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 33.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,052 shares of the company’s stock after selling 527 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF were worth $108,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of PSL. New Millennium Group LLC acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 2nd quarter worth approximately $27,000. Howe & Rusling Inc. acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 3rd quarter worth approximately $41,000. Selective Wealth Management Inc. acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 2nd quarter worth approximately $202,000. Meridian Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 3rd quarter worth approximately $206,000. Finally, B. Riley Wealth Advisors Inc. raised its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 2.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 5,172 shares of the company’s stock worth $505,000 after purchasing an additional 108 shares during the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Consumer Staples Momentum ETF stock opened at $110.11 on Thursday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $84.31 and a 1 year high of $110.81. The company has a market capitalization of $95.79 million, a P/E ratio of 25.07 and a beta of 0.73. The business has a 50 day moving average price of $103.02 and a 200 day moving average price of $99.76.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.101 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.37%.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.