Private Trust Co. NA Takes $537,000 Position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Private Trust Co. NA acquired a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,493 shares of the company’s stock, valued at approximately $537,000. Private Trust Co. NA owned 0.14% of Invesco Dorsey Wright Industrials Momentum ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. HighTower Advisors LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at approximately $19,248,000. Raymond James & Associates grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 698.9% during the 3rd quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock valued at $3,860,000 after acquiring an additional 22,070 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 217.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,080 shares of the company’s stock valued at $2,793,000 after acquiring an additional 12,380 shares during the period. Stifel Financial Corp bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at approximately $2,694,000. Finally, StoneX Group Inc. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 4.5% during the 3rd quarter. StoneX Group Inc. now owns 14,647 shares of the company’s stock valued at $2,241,000 after acquiring an additional 636 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 1.7 %

Shares of NASDAQ:PRN opened at $148.34 on Friday. The stock has a 50 day moving average of $156.89 and a 200 day moving average of $157.15. The company has a market cap of $372.33 million, a PE ratio of 29.49 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $126.68 and a 12-month high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.2497 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Profile

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.