SPC Financial Inc. Invests $234,000 in Invesco DWA Financial Momentum ETF (NASDAQ:PFI)

SPC Financial Inc. bought a new position in shares of Invesco DWA Financial Momentum ETF (NASDAQ:PFI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,305 shares of the company’s stock, valued at approximately $234,000. SPC Financial Inc. owned approximately 0.60% of Invesco DWA Financial Momentum ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of Invesco DWA Financial Momentum ETF during the 2nd quarter worth approximately $73,000. Advisor Group Inc. raised its stake in shares of Invesco DWA Financial Momentum ETF by 122.9% during the 2nd quarter. Advisor Group Inc. now owns 8,913 shares of the company’s stock worth $331,000 after buying an additional 4,915 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Invesco DWA Financial Momentum ETF during the 2nd quarter worth approximately $1,578,000. Finally, Intl Fcstone Inc. acquired a new position in shares of Invesco DWA Financial Momentum ETF during the 2nd quarter worth approximately $351,000.

Shares of PFI stock traded up $0.41 during trading hours on Thursday, hitting $36.96. 61 shares of the company’s stock were exchanged, compared to its average volume of 22,597. The business’s 50 day moving average price is $37.78. Invesco DWA Financial Momentum ETF has a fifty-two week low of $26.89 and a fifty-two week high of $39.23.



Invesco DWA Financial Momentum ETF Profile

PowerShares Dynamic Financial Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Financial Sector Intellidex Index (the Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.

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Institutional Ownership by Quarter for Invesco DWA Financial Momentum ETF (NASDAQ:PFI)

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