Invesco Dorsey Wright Consumer Staples Momentum ETF Announces Dividend of $0.19 (NASDAQ:PSL)

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) declared a dividend on Friday, June 19th, NASDAQ Dividends reports. Stockholders of record on Monday, June 22nd will be given a dividend of 0.1933 per share on Friday, June 26th. The ex-dividend date is Monday, June 22nd.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of PSL remained flat at $109.84 during trading hours on Friday. The stock had a trading volume of 2,083 shares, compared to its average volume of 2,016. The company has a market cap of $90.07 million, a price-to-earnings ratio of 18.50 and a beta of 0.64. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 52 week low of $97.96 and a 52 week high of $117.12. The stock has a fifty day simple moving average of $110.68 and a two-hundred day simple moving average of $108.56.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Staples Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. IMC Chicago LLC acquired a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 4th quarter valued at about $4,234,000. Ameriprise Financial Inc. bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the third quarter valued at approximately $955,000. Maltin Wealth Management Inc. boosted its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 82.1% in the first quarter. Maltin Wealth Management Inc. now owns 13,205 shares of the company’s stock valued at $1,433,000 after acquiring an additional 5,954 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter valued at approximately $605,000. Finally, UBS Group AG increased its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 32.9% during the third quarter. UBS Group AG now owns 13,273 shares of the company’s stock valued at $1,459,000 after acquiring an additional 3,285 shares during the period.

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.