Transamerica Financial Advisors Inc. Lowers Stock Position in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ)

Transamerica Financial Advisors Inc. trimmed its position in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 36.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 888 shares of the company’s stock after selling 511 shares during the quarter. Transamerica Financial Advisors Inc. owned about 0.14% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $86,000 at the end of the most recent quarter.

Separately, Truist Financial Corp lifted its position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 2.5% in the second quarter. Truist Financial Corp now owns 26,591 shares of the company’s stock valued at $2,325,000 after acquiring an additional 646 shares in the last quarter.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Down 0.5 %

NASDAQ PYZ opened at $98.45 on Thursday. Invesco Dorsey Wright Basic Materials Momentum ETF has a twelve month low of $78.71 and a twelve month high of $99.92. The business has a 50-day moving average price of $95.70 and a 200-day moving average price of $91.63. The firm has a market cap of $62.02 million, a price-to-earnings ratio of 10.44 and a beta of 1.36.

Invesco Dorsey Wright Basic Materials Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.