Kestra Private Wealth Services LLC Purchases Shares of 43,486 Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Kestra Private Wealth Services LLC purchased a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 43,486 shares of the company’s stock, valued at approximately $2,153,000.

Several other large investors also recently made changes to their positions in the stock. Axiom Financial Strategies LLC acquired a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF during the third quarter worth $11,232,000. Royal Bank of Canada boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 46.3% in the 4th quarter. Royal Bank of Canada now owns 577,277 shares of the company’s stock worth $28,276,000 after purchasing an additional 182,667 shares during the period. Raymond James Financial Inc. boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% in the 2nd quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after purchasing an additional 177,328 shares during the period. LPL Financial LLC increased its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 29.1% during the 4th quarter. LPL Financial LLC now owns 620,114 shares of the company’s stock worth $30,375,000 after purchasing an additional 139,939 shares in the last quarter. Finally, Redstone Wealth Management LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 1st quarter worth about $3,198,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

PIZ opened at $54.78 on Monday. The company has a market capitalization of $753.23 million, a price-to-earnings ratio of 18.27 and a beta of 1.10. The business’s 50-day moving average price is $56.37 and its two-hundred day moving average price is $53.15. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $44.76 and a 1 year high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.4503 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco Dorsey Wright Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.