Invesco Dorsey Wright Utilities Momentum ETF (PUI) to Issue Dividend of $0.21 on June 26th

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) declared a dividend on Friday, June 19th, NASDAQ Dividends reports. Stockholders of record on Monday, June 22nd will be given a dividend of 0.2094 per share on Friday, June 26th. The ex-dividend date is Monday, June 22nd.

Invesco Dorsey Wright Utilities Momentum ETF Stock Performance

Shares of PUI opened at $46.92 on Friday. The stock has a fifty day moving average of $47.09 and a 200-day moving average of $46.18. Invesco Dorsey Wright Utilities Momentum ETF has a 52 week low of $40.88 and a 52 week high of $49.30. The stock has a market capitalization of $76.48 million, a price-to-earnings ratio of 20.63 and a beta of 0.64.

Institutional Investors Weigh In On Invesco Dorsey Wright Utilities Momentum ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. RPS Advisory Solutions LLC acquired a new position in shares of Invesco Dorsey Wright Utilities Momentum ETF in the fourth quarter worth approximately $506,000. Ameritas Advisory Services LLC acquired a new stake in Invesco Dorsey Wright Utilities Momentum ETF during the 4th quarter valued at approximately $216,000. IMC Chicago LLC increased its position in Invesco Dorsey Wright Utilities Momentum ETF by 6.2% during the 4th quarter. IMC Chicago LLC now owns 25,852 shares of the company’s stock valued at $1,127,000 after purchasing an additional 1,519 shares during the period. JPMorgan Chase & Co. raised its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 4,771.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,582 shares of the company’s stock worth $119,000 after purchasing an additional 2,529 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 12.2% during the 3rd quarter. Private Advisor Group LLC now owns 6,169 shares of the company’s stock worth $283,000 after purchasing an additional 673 shares during the last quarter.

Invesco Dorsey Wright Utilities Momentum ETF Company Profile

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index). The Fund normally invests at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer discretionary, information technology, telecommunication services and utilities.