Northwestern Mutual Wealth Management Co. Has $745,000 Stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 8.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,882 shares of the company’s stock after acquiring an additional 2,812 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.57% of Invesco DWA Emerging Markets Momentum ETF worth $745,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PIE. Carolinas Wealth Consulting LLC increased its position in Invesco DWA Emerging Markets Momentum ETF by 7.0% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock valued at $197,000 after acquiring an additional 600 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 10.1% in the second quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock valued at $396,000 after purchasing an additional 1,705 shares in the last quarter. EP Wealth Advisors LLC raised its position in Invesco DWA Emerging Markets Momentum ETF by 3.6% in 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 last quarter. MorganRosel Wealth Management LLC lifted its holdings in Invesco DWA Emerging Markets Momentum ETF by 4.1% during the 1st quarter. MorganRosel Wealth Management LLC now owns 30,767 shares of the company’s stock worth $641,000 after buying an additional 1,200 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in Invesco DWA Emerging Markets Momentum ETF by 1.9% in the 1st quarter. Kingsview Wealth Management LLC now owns 44,880 shares of the company’s stock valued at $935,000 after buying an additional 816 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Down 0.3 %

PIE stock opened at $20.31 on Tuesday. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $17.35 and a twelve month high of $22.15. The company has a market cap of $124.89 million, a P/E ratio of 10.25 and a beta of 0.79. The business has a fifty day moving average of $20.29 and a 200-day moving average of $20.95.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The company 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 $0.145 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.58 annualized dividend and a yield of 2.86%.

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.