Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Sold by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lessened its holdings in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 7.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,788 shares of the company’s stock after selling 1,057 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $2,130,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Cetera Investment Advisers raised its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 42.7% in the 2nd quarter. Cetera Investment Advisers now owns 8,632 shares of the company’s stock valued at $1,151,000 after buying an additional 2,582 shares during the period. Private Advisory Group LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter valued at approximately $219,000. Raymond James & Associates lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 698.9% in the 3rd quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock worth $3,860,000 after acquiring an additional 22,070 shares during the last quarter. Western Financial Corp CA purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth approximately $365,000. Finally, Private Advisor Group LLC increased its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 39.6% in the 3rd quarter. Private Advisor Group LLC now owns 12,508 shares of the company’s stock valued at $1,914,000 after purchasing an additional 3,550 shares during the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Up 1.8 %

NASDAQ:PRN opened at $158.12 on Thursday. Invesco Dorsey Wright Industrials Momentum ETF has a 52 week low of $123.48 and a 52 week high of $180.08. The stock’s fifty day moving average is $161.97 and its two-hundred day moving average is $155.23. The stock has a market capitalization of $396.88 million, a price-to-earnings ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.2497 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco Dorsey Wright Industrials Momentum ETF

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.