Raymond James & Associates Lowers Position in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Raymond James & Associates lessened its position in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 10.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 168,031 shares of the company’s stock after selling 19,089 shares during the quarter. Raymond James & Associates owned 2.73% of Invesco DWA Emerging Markets Momentum ETF worth $3,465,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PIE. Kingsview Wealth Management LLC increased its stake in Invesco DWA Emerging Markets Momentum ETF by 1.9% in the first quarter. Kingsview Wealth Management LLC now owns 44,880 shares of the company’s stock valued at $935,000 after acquiring an additional 816 shares during the last quarter. OLD Mission Capital LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 1,879.9% during the first quarter. OLD Mission Capital LLC now owns 230,268 shares of the company’s stock valued at $4,796,000 after buying an additional 218,638 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 3.6% during the first quarter. EP Wealth Advisors LLC now owns 20,256 shares of the company’s stock valued at $422,000 after buying an additional 702 shares during the last quarter. Maltin Wealth Management Inc. grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.9% during the second quarter. Maltin Wealth Management Inc. now owns 274,769 shares of the company’s stock valued at $5,866,000 after buying an additional 17,764 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 6.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 61,739 shares of the company’s stock valued at $1,318,000 after buying an additional 3,709 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Trading Down 0.6 %

Shares of NASDAQ:PIE opened at $20.00 on Monday. The stock’s 50-day moving average price is $20.38 and its 200-day moving average price is $20.86. Invesco DWA Emerging Markets Momentum ETF has a 12-month low of $17.96 and a 12-month high of $22.15. The stock has a market capitalization of $123 million, a P/E ratio of 10.25 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.145 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.90%.

About Invesco DWA Emerging Markets Momentum ETF

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.