Invesco Dorsey Wright Industrials Momentum ETF $PRN Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lessened its position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 86.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,739 shares of the company’s stock after selling 128,611 shares during the period. HighTower Advisors LLC owned approximately 1.16% of Invesco Dorsey Wright Industrials Momentum ETF worth $3,446,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PRN. Providence Capital Advisors LLC acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at about $25,000. Cullen Frost Bankers Inc. acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at about $38,000. Darwin Wealth Management LLC acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 4th quarter valued at about $43,000. Geneos Wealth Management Inc. increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 187.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,005 shares of the company’s stock valued at $158,000 after buying an additional 655 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Invesco Dorsey Wright Industrials Momentum ETF by 9.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,150 shares of the company’s stock valued at $199,000 after buying an additional 95 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Down 1.0%

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $245.48 on Friday. The stock has a market cap of $424.68 million, a price-to-earnings ratio of 28.33 and a beta of 1.28. The company’s 50-day moving average price is $222.19 and its two-hundred day moving average price is $199.68. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $146.20 and a 52 week high of $249.94.

Invesco Dorsey Wright Industrials Momentum ETF Company Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.