Cambridge Investment Research Advisors Inc. grew its position in shares of Invesco DWA Energy Momentum ETF (NASDAQ:PXI – Get Rating) by 10.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,939 shares of the company’s stock after buying an additional 729 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.16% of Invesco DWA Energy Momentum ETF worth $343,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in PXI. Brown Brothers Harriman & Co. purchased a new position in shares of Invesco DWA Energy Momentum ETF during the 1st quarter valued at about $43,000. Private Advisory Group LLC purchased a new position in Invesco DWA Energy Momentum ETF during the 1st quarter valued at $409,000. Centaurus Financial Inc. lifted its holdings in shares of Invesco DWA Energy Momentum ETF by 76.8% in the 1st quarter. Centaurus Financial Inc. now owns 6,859 shares of the company’s stock worth $293,000 after buying an additional 2,980 shares during the period. UBS Group AG lifted its holdings in shares of Invesco DWA Energy Momentum ETF by 18.0% in the 1st quarter. UBS Group AG now owns 173,446 shares of the company’s stock worth $7,408,000 after buying an additional 26,404 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of Invesco DWA Energy Momentum ETF in the 1st quarter worth $400,000.
Invesco DWA Energy Momentum ETF Trading Down 0.2 %
Shares of PXI stock opened at $36.91 on Monday. The stock has a market capitalization of $90.80 million, a price-to-earnings ratio of 8.87 and a beta of 1.68. Invesco DWA Energy Momentum ETF has a twelve month low of $33.65 and a twelve month high of $53.05. The stock has a fifty day simple moving average of $37.35 and a two-hundred day simple moving average of $39.62.
Invesco DWA Energy Momentum ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Tuesday, March 21st were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.49%. The ex-dividend date was Monday, March 20th.
About Invesco DWA Energy Momentum ETF
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PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.
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