J.W. Cole Advisors Inc. Lowers Holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL)

J.W. Cole Advisors Inc. cut its position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,433 shares of the company’s stock after selling 425 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.53% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in PSL. Howe & Rusling Inc. bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the 3rd quarter worth $41,000. Sunbelt Securities Inc. increased its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,875 shares of the company’s stock worth $191,000 after buying an additional 1,871 shares during the last quarter. Meridian Wealth Management LLC bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the 3rd quarter worth $206,000. Finally, IMC Chicago LLC increased its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 74.6% in the 4th quarter. IMC Chicago LLC now owns 18,258 shares of the company’s stock worth $1,916,000 after buying an additional 7,799 shares during the last quarter.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of NASDAQ:PSL opened at $113.19 on Thursday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a one year low of $91.63 and a one year high of $114.45. The company’s fifty day moving average price is $108.43 and its 200-day moving average price is $104.60. The firm has a market capitalization of $95.08 million, a price-to-earnings ratio of 25.07 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.2084 per share. The ex-dividend date was Monday, December 23rd.

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.