Commonwealth Equity Services LLC Increases Stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Commonwealth Equity Services LLC lifted its stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 10.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,549 shares of the company’s stock after purchasing an additional 1,705 shares during the quarter. Commonwealth Equity Services LLC owned about 0.30% of Invesco DWA Emerging Markets Momentum ETF worth $396,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PIE. Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 61,739 shares of the company’s stock worth $1,318,000 after purchasing an additional 3,709 shares during the period. Maltin Wealth Management Inc. grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.9% during the 2nd quarter. Maltin Wealth Management Inc. now owns 274,769 shares of the company’s stock worth $5,866,000 after purchasing an additional 17,764 shares during the period. EP Wealth Advisors LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 3.6% during the 1st quarter. EP Wealth Advisors LLC now owns 20,256 shares of the company’s stock worth $422,000 after purchasing an additional 702 shares during the period. OLD Mission Capital LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1,879.9% during the 1st quarter. OLD Mission Capital LLC now owns 230,268 shares of the company’s stock worth $4,796,000 after purchasing an additional 218,638 shares during the period. Finally, Kingsview Wealth Management LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1.9% during the 1st quarter. Kingsview Wealth Management LLC now owns 44,880 shares of the company’s stock worth $935,000 after purchasing an additional 816 shares during the period.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

Shares of PIE stock opened at $20.45 on Monday. Invesco DWA Emerging Markets Momentum ETF has a fifty-two week low of $17.35 and a fifty-two week high of $22.15. The stock’s fifty day moving average is $20.38 and its two-hundred day moving average is $20.95. The firm has a market capitalization of $125.77 million, a P/E ratio of 10.25 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Profile

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.