Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. trimmed its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 12.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,674 shares of the company’s stock after selling 375 shares during the quarter. Geneos Wealth Management Inc. owned 0.30% of Invesco Dorsey Wright Consumer Staples Momentum ETF worth $261,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the first quarter valued at approximately $532,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter valued at approximately $276,000. Capital Analysts LLC lifted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 184.2% during the fourth quarter. Capital Analysts LLC now owns 682 shares of the company’s stock valued at $62,000 after buying an additional 442 shares during the period. Maltin Wealth Management Inc. lifted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 4.3% during the first quarter. Maltin Wealth Management Inc. now owns 5,582 shares of the company’s stock valued at $545,000 after buying an additional 228 shares during the period. Finally, B. Riley Wealth Advisors Inc. lifted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 3.1% during the third quarter. B. Riley Wealth Advisors Inc. now owns 5,172 shares of the company’s stock valued at $432,000 after buying an additional 156 shares during the period.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Performance

Shares of PSL opened at $96.44 on Friday. The company’s 50 day simple moving average is $97.35 and its 200 day simple moving average is $94.98. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $78.66 and a 1 year high of $99.94. The company has a market capitalization of $82.94 million, a price-to-earnings ratio of 25.07 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.1345 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.54 annualized dividend and a yield of 0.56%.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.