Cetera Investment Advisers Has $1.24 Million Stake in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Cetera Investment Advisers lessened its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 6.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 26,190 shares of the company’s stock after selling 1,699 shares during the period. Cetera Investment Advisers owned approximately 1.68% of Invesco Dorsey Wright Energy Momentum ETF worth $1,240,000 at the end of the most recent reporting period.

Separately, International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF in the 2nd quarter worth $157,000.

Invesco Dorsey Wright Energy Momentum ETF Trading Up 1.3 %

Shares of NASDAQ:PXI opened at $45.11 on Thursday. The firm has a market capitalization of $67.67 million, a PE ratio of 7.40 and a beta of 1.68. Invesco Dorsey Wright Energy Momentum ETF has a 1-year low of $40.32 and a 1-year high of $51.20. The business’s 50 day moving average is $44.29 and its 200-day moving average is $46.64.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.218 dividend. This is a positive change from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.87 annualized dividend and a dividend yield of 1.93%.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.