Invesco Dorsey Wright Developed Markets Momentum ETF $PIZ Stake Lessened by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC lessened its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) by 61.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,298 shares of the company’s stock after selling 30,898 shares during the quarter. Trueblood Wealth Management LLC owned about 0.16% of Invesco Dorsey Wright Developed Markets Momentum ETF worth $1,024,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Highland Investment Advisors LLC bought a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF during the second quarter worth approximately $29,000. Kestra Advisory Services LLC lifted its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 164.1% in the first quarter. Kestra Advisory Services LLC now owns 5,235 shares of the company’s stock worth $259,000 after purchasing an additional 3,253 shares during the period. Sequoia Financial Advisors LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter valued at $309,000. Nicholson Wealth Management Group LLC bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 1st quarter valued at $379,000. Finally, IFP Advisors Inc bought a new position in Invesco Dorsey Wright Developed Markets Momentum ETF during the 2nd quarter valued at $405,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Performance

Shares of PIZ stock opened at $48.34 on Monday. Invesco Dorsey Wright Developed Markets Momentum ETF has a 1 year low of $45.74 and a 1 year high of $59.47. The stock has a market cap of $584.91 million, a PE ratio of 18.27 and a beta of 1.10. The business’s fifty day moving average is $52.62 and its 200-day moving average is $54.16.

Invesco Dorsey Wright Developed Markets Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.1275 dividend. This represents a $0.51 annualized dividend and a dividend yield of 1.1%. This is a negative change from Invesco Dorsey Wright Developed Markets Momentum ETF’s previous quarterly dividend of $0.4502. The ex-dividend date was Monday, September 21st.

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.