Cambridge Investment Research Advisors Inc. Sells 980 Shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

Cambridge Investment Research Advisors Inc. cut its holdings in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ – Get Rating) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,629 shares of the company’s stock after selling 980 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.42% of Invesco DWA Developed Markets Momentum ETF worth $539,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS Group AG increased its stake in Invesco DWA Developed Markets Momentum ETF by 6.6% during the 1st quarter. UBS Group AG now owns 401,813 shares of the company’s stock valued at $13,509,000 after purchasing an additional 24,830 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Invesco DWA Developed Markets Momentum ETF by 1.3% in the third quarter. Royal Bank of Canada now owns 337,336 shares of the company’s stock valued at $8,190,000 after buying an additional 4,260 shares during the period. Jane Street Group LLC increased its stake in shares of Invesco DWA Developed Markets Momentum ETF by 64.1% in the third quarter. Jane Street Group LLC now owns 300,445 shares of the company’s stock worth $7,295,000 after purchasing an additional 117,383 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of Invesco DWA Developed Markets Momentum ETF by 37.5% in the second quarter. Citadel Advisors LLC now owns 152,087 shares of the company’s stock worth $4,202,000 after purchasing an additional 41,439 shares in the last quarter. Finally, Del Sette Capital Management LLC bought a new position in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter worth $4,608,000.

Invesco DWA Developed Markets Momentum ETF Trading Down 1.4 %

Shares of Invesco DWA Developed Markets Momentum ETF stock opened at $29.22 on Thursday. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $23.65 and a 12-month high of $31.95. The company has a market cap of $132.95 million, a price-to-earnings ratio of 10.44 and a beta of 1.00. The company’s 50-day moving average price is $30.35 and its 200-day moving average price is $29.73.

Invesco DWA Developed Markets Momentum ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Tuesday, March 21st were issued a $0.194 dividend. The ex-dividend date of this dividend was Monday, March 20th. This represents a $0.78 annualized dividend and a dividend yield of 2.66%. This is a boost from Invesco DWA Developed Markets Momentum ETF’s previous quarterly dividend of $0.03.

About Invesco DWA Developed Markets Momentum ETF

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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.