Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Stock Position Lowered by Raymond James & Associates

Raymond James & Associates lessened its position in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 15.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 112,693 shares of the company’s stock after selling 21,341 shares during the quarter. Raymond James & Associates owned approximately 3.05% of Invesco DWA Developed Markets Momentum ETF worth $4,270,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Del Sette Capital Management LLC lifted its position in Invesco DWA Developed Markets Momentum ETF by 1,035.5% in the 2nd quarter. Del Sette Capital Management LLC now owns 156,415 shares of the company’s stock worth $5,586,000 after buying an additional 142,640 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Invesco DWA Developed Markets Momentum ETF by 24.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 11,342 shares of the company’s stock worth $391,000 after buying an additional 2,237 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Invesco DWA Developed Markets Momentum ETF by 0.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 57,329 shares of the company’s stock worth $2,047,000 after buying an additional 384 shares in the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its position in Invesco DWA Developed Markets Momentum ETF by 8.7% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 4,573 shares of the company’s stock worth $163,000 after buying an additional 367 shares in the last quarter.

Invesco DWA Developed Markets Momentum ETF Stock Up 0.1 %

PIZ stock opened at $36.91 on Friday. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $28.23 and a 12-month high of $38.44. The company has a market cap of $136.57 million, a price-to-earnings ratio of 20.28 and a beta of 1.00. The company has a 50 day moving average of $37.17 and a two-hundred day moving average of $35.92.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.032 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.13 dividend on an annualized basis and a yield of 0.35%.

Invesco DWA Developed Markets Momentum ETF Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.