Lunt Capital Management Inc. Invests $771,000 in Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ

Lunt Capital Management Inc. purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,795 shares of the company’s stock, valued at approximately $771,000. Lunt Capital Management Inc. owned about 0.10% of Invesco Dorsey Wright Developed Markets Momentum ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PIZ. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter valued at approximately $448,000. NewEdge Advisors LLC grew its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 35.6% in the 2nd quarter. NewEdge Advisors LLC now owns 44,925 shares of the company’s stock valued at $2,317,000 after buying an additional 11,797 shares during the last quarter. IFP Advisors Inc acquired a new position in Invesco Dorsey Wright Developed Markets Momentum ETF in the 2nd quarter valued at $405,000. Baird Financial Group Inc. purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter worth $3,429,000. Finally, Highland Investment Advisors LLC purchased a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter worth $29,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Down 0.8%

Shares of NASDAQ:PIZ opened at $54.01 on Thursday. The company has a market cap of $758.84 million, a price-to-earnings ratio of 18.27 and a beta of 1.11. The firm’s 50-day simple moving average is $53.26 and its 200-day simple moving average is $53.99. Invesco Dorsey Wright Developed Markets Momentum ETF has a fifty-two week low of $45.74 and a fifty-two week high of $59.47.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.4503 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 22nd.

About Invesco Dorsey Wright 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. 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.