MorganRosel Wealth Management LLC Cuts Stake in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

MorganRosel Wealth Management LLC reduced its stake in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,718 shares of the company’s stock after selling 799 shares during the period. MorganRosel Wealth Management LLC owned about 0.34% of Invesco DWA Developed Markets Momentum ETF worth $607,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Apollon Wealth Management LLC bought a new stake in Invesco DWA Developed Markets Momentum ETF in the third quarter valued at $204,000. Lunt Capital Management Inc. purchased a new position in Invesco DWA Developed Markets Momentum ETF during the fourth quarter valued at $293,000. Global Retirement Partners LLC purchased a new stake in shares of Invesco DWA Developed Markets Momentum ETF in the fourth quarter worth $297,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Invesco DWA Developed Markets Momentum ETF by 44.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 635,848 shares of the company’s stock worth $24,092,000 after buying an additional 196,544 shares during the last quarter.

Invesco DWA Developed Markets Momentum ETF Stock Down 0.7 %

Shares of NASDAQ PIZ opened at $39.19 on Tuesday. Invesco DWA Developed Markets Momentum ETF has a twelve month low of $32.68 and a twelve month high of $40.48. The company has a 50 day moving average of $37.76 and a 200 day moving average of $37.39. The firm has a market cap of $190.07 million, a P/E ratio of 20.88 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.2876 dividend. The ex-dividend date was Monday, December 23rd.

Invesco DWA Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.