Invesco Dynamic Media ETF (NYSEARCA:PBS) Trading 1.7% Higher

Invesco Dynamic Media ETF (NYSEARCA:PBS)’s stock price traded up 1.7% during trading on Monday . The stock traded as high as $34.70 and last traded at $34.70, 170 shares were traded during trading. A decline of 95% from the average session volume of 3,529 shares. The stock had previously closed at $34.12.

The company has a 50 day simple moving average of $33.58 and a 200 day simple moving average of $32.77.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.0872 per share. This is a positive change from Invesco Dynamic Media ETF’s previous quarterly dividend of $0.07. This represents a $0.35 annualized dividend and a yield of 1.00%. The ex-dividend date was Monday, December 23rd.

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its position in Invesco Dynamic Media ETF by 12.0% in the second quarter. Bank of America Corp DE now owns 119,296 shares of the company’s stock worth $3,963,000 after acquiring an additional 12,751 shares during the period. Royal Bank of Canada grew its position in Invesco Dynamic Media ETF by 1,676.4% in the second quarter. Royal Bank of Canada now owns 104,613 shares of the company’s stock worth $3,475,000 after acquiring an additional 98,724 shares during the period. Morgan Stanley grew its position in Invesco Dynamic Media ETF by 29.0% in the second quarter. Morgan Stanley now owns 50,060 shares of the company’s stock worth $1,663,000 after acquiring an additional 11,254 shares during the period. Citadel Advisors LLC grew its position in Invesco Dynamic Media ETF by 11.0% in the second quarter. Citadel Advisors LLC now owns 37,333 shares of the company’s stock worth $1,240,000 after acquiring an additional 3,697 shares during the period. Finally, Pacific Sun Financial Corp purchased a new position in Invesco Dynamic Media ETF in the second quarter worth approximately $1,035,000.

Invesco Dynamic Media ETF Company Profile (NYSEARCA:PBS)

PowerShares Dynamic Media Portfolio (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield of the Dynamic Media Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.

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