Royal Bank of Canada Has $30.34 Million Stake in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Royal Bank of Canada increased its holdings in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 6.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 612,716 shares of the company’s stock after purchasing an additional 35,439 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Dorsey Wright Developed Markets Momentum ETF were worth $30,342,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC boosted its stake in Invesco Dorsey Wright Developed Markets Momentum ETF by 6.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,538 shares of the company’s stock valued at $173,000 after acquiring an additional 222 shares during the last quarter. Bank of America Corp DE grew its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock worth $1,157,000 after acquiring an additional 239 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 5.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,673 shares of the company’s stock valued at $327,000 after acquiring an additional 328 shares during the last quarter. Mainstay Capital Management LLC ADV raised its position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.2% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 4,927 shares of the company’s stock valued at $241,000 after acquiring an additional 372 shares during the last quarter. Finally, Trueblood Wealth Management LLC lifted its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.9% in the 4th quarter. Trueblood Wealth Management LLC now owns 20,587 shares of the company’s stock valued at $1,008,000 after purchasing an additional 383 shares during the period.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 1.1%

NASDAQ:PIZ opened at $52.12 on Tuesday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 12-month low of $45.44 and a 12-month high of $59.47. The firm has a market capitalization of $732.29 million, a P/E ratio of 18.27 and a beta of 1.10. The stock’s fifty day simple moving average is $54.56 and its 200-day simple moving average is $53.80.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.4503 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 3.5%.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

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.