Sunbelt Securities Inc. acquired a new stake in shares of Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,631 shares of the company’s stock, valued at approximately $962,000. Sunbelt Securities Inc. owned approximately 1.88% of Invesco Dorsey Wright Utilities Momentum ETF as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of PUI. ROI Financial Advisors LLC acquired a new position in Invesco Dorsey Wright Utilities Momentum ETF during the fourth quarter worth about $1,437,000. B. Riley Wealth Advisors Inc. grew its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 12.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 15,710 shares of the company’s stock worth $529,000 after acquiring an additional 1,750 shares during the period. Capital Advisors Ltd. LLC grew its holdings in Invesco Dorsey Wright Utilities Momentum ETF by 1.6% during the second quarter. Capital Advisors Ltd. LLC now owns 17,705 shares of the company’s stock worth $616,000 after acquiring an additional 279 shares during the period. Finally, Jones Financial Companies Lllp acquired a new position in Invesco Dorsey Wright Utilities Momentum ETF during the fourth quarter worth about $209,000.
Invesco Dorsey Wright Utilities Momentum ETF Stock Up 0.4 %
NASDAQ:PUI opened at $40.45 on Tuesday. The business’s 50-day moving average price is $37.93 and its 200 day moving average price is $35.77. The firm has a market cap of $59.46 million, a P/E ratio of 20.82 and a beta of 0.60. Invesco Dorsey Wright Utilities Momentum ETF has a 52-week low of $28.14 and a 52-week high of $40.46.
Invesco Dorsey Wright Utilities Momentum ETF Increases Dividend
About Invesco Dorsey Wright Utilities Momentum ETF
PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).
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