Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.88 and traded as high as $111.61. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF shares last traded at $110.88, with a volume of 2,344 shares trading hands.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

The firm has a market capitalization of $75.54 million, a PE ratio of 19.95 and a beta of 1.29. The company’s fifty day simple moving average is $106.19 and its 200-day simple moving average is $99.99.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Large investors have recently made changes to their positions in the business. Financial Management Professionals Inc. acquired a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 3rd quarter worth approximately $1,743,000. Silver Oak Securities Incorporated boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 65.2% during the third quarter. Silver Oak Securities Incorporated now owns 21,791 shares of the company’s stock worth $2,270,000 after buying an additional 8,602 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 42.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 18,210 shares of the company’s stock valued at $1,747,000 after buying an additional 5,394 shares during the period. Commonwealth Equity Services LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the second quarter valued at $497,000. Finally, Genesee Capital Advisors LLC raised its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 15.0% in the second quarter. Genesee Capital Advisors LLC now owns 17,172 shares of the company’s stock worth $1,647,000 after acquiring an additional 2,243 shares during the period.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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