Private Advisor Group LLC Takes Position in Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE

Private Advisor Group LLC purchased a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 21,730 shares of the company’s stock, valued at approximately $566,000. Private Advisor Group LLC owned approximately 0.33% of Invesco Dorsey Wright Emerging Markets Momentum ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Eagle Bay Advisors LLC bought a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the 4th quarter valued at approximately $33,000. MGB Wealth Management LLC boosted its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 60.0% in the second quarter. MGB Wealth Management LLC now owns 2,000 shares of the company’s stock worth $42,000 after acquiring an additional 750 shares in the last quarter. Sankala Group LLC bought a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF in the fourth quarter worth $43,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF in the fourth quarter worth $82,000. Finally, Comerica Bank grew its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 368.6% in the fourth quarter. Comerica Bank now owns 6,045 shares of the company’s stock worth $143,000 after acquiring an additional 4,755 shares during the last quarter.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

Shares of NASDAQ:PIE opened at $31.86 on Friday. The business has a fifty day moving average price of $32.24 and a 200-day moving average price of $28.80. The company has a market capitalization of $258.07 million, a PE ratio of 13.79 and a beta of 0.81. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 1-year low of $20.81 and a 1-year high of $35.17.

Invesco Dorsey Wright Emerging Markets Momentum ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.218 per share. This represents a $0.87 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.