UBS Group AG Increases Position in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

UBS Group AG lifted its position in Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 294,971 shares of the company’s stock after purchasing an additional 19,183 shares during the period. UBS Group AG owned about 2.69% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $14,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.0% in the second quarter. Bank of America Corp DE now owns 25,182 shares of the company’s stock worth $1,157,000 after purchasing an additional 239 shares in the last quarter. Mainstay Capital Management LLC ADV increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.2% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 4,927 shares of the company’s stock worth $241,000 after purchasing an additional 372 shares in the last quarter. Trueblood Wealth Management LLC increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 1.9% in the fourth quarter. Trueblood Wealth Management LLC now owns 20,587 shares of the company’s stock worth $1,008,000 after purchasing an additional 383 shares in the last quarter. Private Client Services LLC increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 12.5% in the fourth quarter. Private Client Services LLC now owns 4,950 shares of the company’s stock worth $242,000 after purchasing an additional 550 shares in the last quarter. Finally, Private Advisory Group LLC increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 7.9% in the fourth quarter. Private Advisory Group LLC now owns 8,875 shares of the company’s stock worth $435,000 after purchasing an additional 647 shares in the last quarter.

Invesco Dorsey Wright Developed Markets Momentum ETF Price Performance

Shares of NASDAQ PIZ opened at $58.63 on Thursday. The firm has a fifty day moving average price of $53.01 and a 200-day moving average price of $51.25. The stock has a market cap of $806.16 million, a PE ratio of 18.27 and a beta of 1.11. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $41.88 and a 1 year high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.1519 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

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. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.