Cambridge Investment Research Advisors Inc. Increases Stock Position in Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL)

Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL – Get Rating) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,285 shares of the company’s stock after buying an additional 316 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.43% of Invesco DWA Consumer Staples Momentum ETF worth $520,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PSL. Fiduciary Alliance LLC purchased a new position in shares of Invesco DWA Consumer Staples Momentum ETF in the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC increased its stake in Invesco DWA Consumer Staples Momentum ETF by 300.0% in the 3rd quarter. Global Retirement Partners LLC now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 300 shares during the period. Benjamin F. Edwards & Company Inc. boosted its position in shares of Invesco DWA Consumer Staples Momentum ETF by 52.7% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 455 shares of the company’s stock worth $38,000 after purchasing an additional 157 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF during the 1st quarter worth $468,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF during the 3rd quarter worth $475,000.

Invesco DWA Consumer Staples Momentum ETF Stock Down 0.4 %

Invesco DWA Consumer Staples Momentum ETF stock opened at $84.74 on Thursday. Invesco DWA Consumer Staples Momentum ETF has a 52 week low of $74.72 and a 52 week high of $89.33. The firm’s 50-day simple moving average is $87.25 and its 200 day simple moving average is $85.36. The firm has a market capitalization of $116.10 million, a PE ratio of 17.05 and a beta of 0.73.

Invesco DWA Consumer Staples Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Tuesday, March 21st were paid a dividend of $0.271 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Monday, March 20th.

Invesco DWA Consumer Staples Momentum ETF Company Profile

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PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.