Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Shares Down 0.2% – Should You Sell?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) shares fell 0.2% during trading on Monday . The company traded as low as $105.53 and last traded at $105.5350. 352 shares were traded during trading, a decline of 94% from the average session volume of 5,798 shares. The stock had previously closed at $105.79.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Down 1.2%

The business has a 50 day moving average of $98.56 and a 200 day moving average of $98.84. The firm has a market cap of $51.06 million, a price-to-earnings ratio of 24.30 and a beta of 1.30.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of hedge funds have recently bought and sold shares of PEZ. Cetera Investment Advisers raised its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 19.6% in the 1st quarter. Cetera Investment Advisers now owns 3,243 shares of the company’s stock valued at $279,000 after acquiring an additional 531 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.8% in the first quarter. Transamerica Financial Advisors LLC now owns 156,636 shares of the company’s stock valued at $13,471,000 after purchasing an additional 4,297 shares during the period. Jones Financial Companies Lllp acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the first quarter valued at $149,000. Goldman Sachs Group Inc. lifted its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% during the first quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock worth $1,039,000 after buying an additional 501 shares during the period. Finally, Trueblood Wealth Management LLC boosted its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 6.9% in the 2nd quarter. Trueblood Wealth Management LLC now owns 4,314 shares of the company’s stock worth $429,000 after buying an additional 278 shares during the last quarter.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.