Raymond James Financial Services Advisors Inc. Decreases Stock Holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Raymond James Financial Services Advisors Inc. decreased its position in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ – Get Rating) by 1.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,547 shares of the company’s stock after selling 592 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco DWA Developed Markets Momentum ETF were worth $1,179,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Private Trust Co. NA bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 2nd quarter valued at about $25,000. Eagle Bay Advisors LLC bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 2nd quarter valued at about $120,000. NewEdge Advisors LLC bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 2nd quarter valued at about $264,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 2nd quarter valued at about $315,000. Finally, Csenge Advisory Group bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at about $343,000.

Invesco DWA Developed Markets Momentum ETF Stock Up 1.4 %

Shares of PIZ opened at $29.87 on Friday. The firm’s 50-day moving average price is $28.32 and its 200-day moving average price is $27.51. Invesco DWA Developed Markets Momentum ETF has a 1-year low of $23.65 and a 1-year high of $35.46.

Invesco DWA Developed Markets Momentum ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were paid a dividend of $0.031 per share. This represents a $0.12 annualized dividend and a yield of 0.42%. The ex-dividend date was Monday, December 19th.

Invesco DWA Developed Markets Momentum ETF Profile

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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.