Private Advisor Group LLC Takes $566,000 Position in Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE

Private Advisor Group LLC acquired a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,730 shares of the company’s stock, valued at approximately $566,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% in the 3rd quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock worth $21,207,000 after purchasing an additional 307,189 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 11.0% during the 4th quarter. Wells Fargo & Company MN now owns 606,771 shares of the company’s stock valued at $14,343,000 after buying an additional 60,112 shares during the period. UBS Group AG boosted its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% in the 3rd quarter. UBS Group AG now owns 193,166 shares of the company’s stock worth $4,713,000 after buying an additional 8,322 shares during the last quarter. Maltin Wealth Management Inc. boosted its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.0% in the 1st quarter. Maltin Wealth Management Inc. now owns 181,424 shares of the company’s stock worth $4,722,000 after buying an additional 14,932 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 330.7% in the second quarter. Jane Street Group LLC now owns 162,292 shares of the company’s stock worth $3,398,000 after acquiring an additional 124,608 shares during the period.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

Shares of PIE opened at $31.86 on Friday. The firm has a market capitalization of $258.07 million, a P/E ratio of 13.79 and a beta of 0.81. Invesco Dorsey Wright Emerging Markets Momentum ETF has a one year low of $20.81 and a one year high of $35.17. The business has a fifty day moving average of $32.24 and a 200 day moving average of $28.80.

Invesco Dorsey Wright Emerging Markets Momentum ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.218 dividend. This represents a $0.87 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.