Raymond James Financial Inc. Purchases New Stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Raymond James Financial Inc. purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 96,538 shares of the company’s stock, valued at approximately $14,844,000. Raymond James Financial Inc. owned 3.85% of Invesco Dorsey Wright Industrials Momentum ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. FMR LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 17.1% during the 3rd quarter. FMR LLC now owns 404 shares of the company’s stock worth $62,000 after acquiring an additional 59 shares during the last quarter. Larson Financial Group LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 5.1% during the 3rd quarter. Larson Financial Group LLC now owns 1,964 shares of the company’s stock worth $300,000 after acquiring an additional 95 shares during the last quarter. MGB Wealth Management LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the 3rd quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock worth $134,000 after acquiring an additional 100 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 0.9% during the 4th quarter. Private Advisor Group LLC now owns 12,615 shares of the company’s stock worth $1,940,000 after acquiring an additional 107 shares during the last quarter. Finally, Truvestments Capital LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $31,000.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

PRN opened at $138.69 on Wednesday. The company has a market capitalization of $348.11 million, a price-to-earnings ratio of 26.47 and a beta of 1.07. The firm’s fifty day moving average price is $152.73 and its two-hundred day moving average price is $157.00. Invesco Dorsey Wright Industrials Momentum ETF has a 1 year low of $126.68 and a 1 year high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.2497 per share. The ex-dividend date was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.