Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,800 shares, a decline of 83.7% from the October 15th total of 23,300 shares. Based on an average daily trading volume, of 18,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco DWA Emerging Markets Momentum ETF

Hedge funds have recently modified their holdings of the stock. Carolinas Wealth Consulting LLC lifted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 7.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock valued at $197,000 after acquiring an additional 600 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 10.1% in the second quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock worth $396,000 after purchasing an additional 1,705 shares in the last quarter. EP Wealth Advisors LLC boosted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 3.6% in the first quarter. EP Wealth Advisors LLC now owns 20,256 shares of the company’s stock valued at $422,000 after acquiring an additional 702 shares during the period. MorganRosel Wealth Management LLC boosted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 3.3% in the third quarter. MorganRosel Wealth Management LLC now owns 32,167 shares of the company’s stock valued at $663,000 after acquiring an additional 1,036 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Invesco DWA Emerging Markets Momentum ETF by 8.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock valued at $745,000 after purchasing an additional 2,812 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Trading Down 1.7 %

Invesco DWA Emerging Markets Momentum ETF stock traded down $0.34 on Tuesday, reaching $19.69. 20,244 shares of the stock were exchanged, compared to its average volume of 24,427. The firm has a fifty day moving average price of $20.34 and a two-hundred day moving average price of $20.83. The stock has a market cap of $121.09 million, a PE ratio of 10.25 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $18.10 and a twelve month high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date was Monday, September 23rd.

Invesco DWA Emerging Markets Momentum ETF Company Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.