19,960 Shares in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) Purchased by Raymond James Financial Inc.

Posted by Defense World Staff on Apr 5th, 2025

Raymond James Financial Inc. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 19,960 shares of the company’s stock, valued at approximately $885,000. Raymond James Financial Inc. owned 1.51% of Invesco Dorsey Wright Energy Momentum ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Trueblood Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Energy Momentum ETF during the 4th quarter worth $239,000. JPMorgan Chase & Co. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF in the third quarter valued at $27,000. Finally, Global Retirement Partners LLC bought a new position in shares of Invesco Dorsey Wright Energy Momentum ETF during the fourth quarter worth about $45,000.

Invesco Dorsey Wright Energy Momentum ETF Stock Performance

NASDAQ:PXI opened at $36.30 on Friday. The firm has a market cap of $44.29 million, a P/E ratio of 12.76 and a beta of 1.18. The firm’s fifty day moving average is $43.95 and its 200-day moving average is $45.34. Invesco Dorsey Wright Energy Momentum ETF has a 52 week low of $36.08 and a 52 week high of $51.97.

Invesco Dorsey Wright Energy Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1574 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Dorsey Wright Energy Momentum ETF Company Profile

(Free Report)

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.