Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) Announces $0.23 Dividend

Invesco Dorsey Wright Utilities Momentum ETF (NASDAQ:PUI) announced a dividend on Monday, September 18th, NASDAQ reports. Investors of record on Tuesday, September 19th will be given a dividend of 0.2328 per share on Friday, September 22nd. The ex-dividend date of this dividend is Monday, September 18th.

Invesco Dorsey Wright Utilities Momentum ETF Stock Down 0.5 %

Invesco Dorsey Wright Utilities Momentum ETF stock opened at $32.05 on Tuesday. The firm has a market cap of $38.14 million, a price-to-earnings ratio of 18.80 and a beta of 0.60. Invesco Dorsey Wright Utilities Momentum ETF has a 52 week low of $30.49 and a 52 week high of $36.68. The business’s 50-day moving average price is $32.29 and its 200 day moving average price is $32.77.

Institutional Trading of Invesco Dorsey Wright Utilities Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP boosted its position in Invesco Dorsey Wright Utilities Momentum ETF by 125.3% during the fourth quarter. Susquehanna International Group LLP now owns 14,212 shares of the company’s stock worth $486,000 after purchasing an additional 7,903 shares in the last quarter. UBS Group AG boosted its position in Invesco Dorsey Wright Utilities Momentum ETF by 38.8% during the fourth quarter. UBS Group AG now owns 18,462 shares of the company’s stock worth $631,000 after purchasing an additional 5,162 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Invesco Dorsey Wright Utilities Momentum ETF during the third quarter worth approximately $536,000. Citadel Advisors LLC purchased a new position in Invesco Dorsey Wright Utilities Momentum ETF during the third quarter worth approximately $236,000. Finally, Commonwealth Equity Services LLC boosted its position in Invesco Dorsey Wright Utilities Momentum ETF by 5.5% during the third quarter. Commonwealth Equity Services LLC now owns 10,132 shares of the company’s stock worth $324,000 after purchasing an additional 530 shares in the last quarter.

About Invesco Dorsey Wright Utilities Momentum ETF

PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Utilities Intellidex Index (Index).