International Assets Investment Management LLC Makes New $3.40 Million Investment in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

International Assets Investment Management LLC purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 76,065 shares of the company’s stock, valued at approximately $3,399,000. International Assets Investment Management LLC owned approximately 3.31% of Invesco Dorsey Wright Energy Momentum ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Scotia Capital Inc. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF in the third quarter valued at approximately $593,000. SPC Financial Inc. acquired a new position in Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter valued at about $700,000. Silver Oak Securities Incorporated acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF in the third quarter worth about $747,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Invesco Dorsey Wright Energy Momentum ETF by 282.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 25,238 shares of the company’s stock worth $1,167,000 after acquiring an additional 18,647 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 1,046.9% during the third quarter. Janney Montgomery Scott LLC now owns 147,826 shares of the company’s stock valued at $6,835,000 after acquiring an additional 134,937 shares in the last quarter.

Invesco Dorsey Wright Energy Momentum ETF Stock Up 1.1 %

Shares of Invesco Dorsey Wright Energy Momentum ETF stock opened at $48.62 on Friday. The company has a 50 day moving average price of $48.32 and a 200 day moving average price of $45.33. The firm has a market capitalization of $70.98 million, a P/E ratio of 7.40 and a beta of 1.68. Invesco Dorsey Wright Energy Momentum ETF has a 52 week low of $35.48 and a 52 week high of $51.20.

Invesco Dorsey Wright Energy Momentum ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.077 per share. The ex-dividend date was Monday, March 18th. This represents a $0.31 annualized dividend and a dividend yield of 0.63%.

Invesco Dorsey Wright Energy Momentum ETF Profile

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.