Financial Management Professionals Inc. Sells 380 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Financial Management Professionals Inc. decreased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,825 shares of the company’s stock after selling 380 shares during the quarter. Financial Management Professionals Inc. owned about 1.06% of Invesco Dorsey Wright Industrials Momentum ETF worth $4,125,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in PRN. Truvestments Capital LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth approximately $31,000. FMR LLC raised its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 17.1% during the 3rd quarter. FMR LLC now owns 404 shares of the company’s stock worth $62,000 after purchasing an additional 59 shares during the last quarter. MGB Wealth Management LLC raised its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the 3rd quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock worth $134,000 after purchasing an additional 100 shares during the last quarter. Private Advisory Group LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter valued at $219,000. Finally, Larson Financial Group LLC increased its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 5.1% in the 3rd quarter. Larson Financial Group LLC now owns 1,964 shares of the company’s stock valued at $300,000 after acquiring an additional 95 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Up 0.3 %

NASDAQ:PRN opened at $163.32 on Friday. The company has a fifty day moving average of $165.28 and a 200-day moving average of $153.10. The firm has a market capitalization of $411.57 million, a P/E ratio of 29.37 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $114.50 and a twelve month high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.2497 dividend. The ex-dividend date was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Profile

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.