Sowell Financial Services LLC Makes New Investment in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Sowell Financial Services LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,160 shares of the company’s stock, valued at approximately $625,000. Sowell Financial Services LLC owned 0.19% of Invesco Dorsey Wright Industrials Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRN. Mather Group LLC. acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the third quarter worth about $32,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter valued at about $165,000. Dynamic Advisor Solutions LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter valued at about $249,000. Citadel Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 2nd quarter valued at approximately $434,000. Finally, Signal Advisors Wealth LLC purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at approximately $541,000.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 0.5%

PRN stock opened at $194.52 on Tuesday. Invesco Dorsey Wright Industrials Momentum ETF has a 12-month low of $156.00 and a 12-month high of $262.73. The stock has a market cap of $311.23 million, a price-to-earnings ratio of 28.33 and a beta of 1.28. The business’s 50-day moving average is $197.56 and its 200 day moving average is $214.15.

Invesco Dorsey Wright Industrials Momentum ETF Company Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.