Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated increased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 82.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 14,845 shares of the company’s stock after acquiring an additional 6,724 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $2,260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James & Associates grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 698.9% in the third quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock worth $3,860,000 after acquiring an additional 22,070 shares in the last quarter. Founders Financial Securities LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF in the second quarter valued at $1,994,000. Cambridge Investment Research Advisors Inc. grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 60.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 22,564 shares of the company’s stock worth $3,009,000 after purchasing an additional 8,490 shares in the last quarter. Private Advisor Group LLC increased its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 155.6% during the 1st quarter. Private Advisor Group LLC now owns 7,383 shares of the company’s stock worth $1,030,000 after purchasing an additional 4,494 shares during the period. Finally, Sunbelt Securities Inc. raised its position in Invesco Dorsey Wright Industrials Momentum ETF by 512.7% in the 2nd quarter. Sunbelt Securities Inc. now owns 3,425 shares of the company’s stock valued at $457,000 after purchasing an additional 2,866 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of PRN opened at $158.35 on Friday. Invesco Dorsey Wright Industrials Momentum ETF has a 1 year low of $94.08 and a 1 year high of $162.69. The stock has a market capitalization of $346.79 million, a PE ratio of 29.37 and a beta of 1.07. The stock has a 50-day simple moving average of $149.08 and a 200-day simple moving average of $140.74.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.243 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.97 dividend on an annualized basis and a yield of 0.61%. This is an increase from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.