Commonwealth Equity Services LLC Has $2.09 Million Holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Commonwealth Equity Services LLC increased its stake in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 0.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 57,623 shares of the company’s stock after acquiring an additional 263 shares during the period. Commonwealth Equity Services LLC owned 1.19% of Invesco DWA Developed Markets Momentum ETF worth $2,093,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Avantax Advisory Services Inc. acquired a new position in Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at $295,000. Independent Advisor Alliance bought a new stake in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at about $521,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter valued at about $5,463,000. Steward Partners Investment Advisory LLC grew its position in shares of Invesco DWA Developed Markets Momentum ETF by 9.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock valued at $162,000 after purchasing an additional 392 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter worth about $297,000.

Invesco DWA Developed Markets Momentum ETF Stock Down 0.1 %

Shares of NASDAQ:PIZ opened at $38.99 on Friday. The company has a market cap of $200.80 million, a price-to-earnings ratio of 19.68 and a beta of 1.06. The business has a 50 day moving average price of $39.04 and a 200 day moving average price of $37.87. Invesco DWA Developed Markets Momentum ETF has a twelve month low of $32.68 and a twelve month high of $40.48.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a $0.1504 dividend. The ex-dividend date of this dividend is Monday, March 24th.

About Invesco DWA Developed Markets Momentum ETF

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.