Noble Family Wealth LLC Sells 104 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Noble Family Wealth LLC trimmed its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,697 shares of the company’s stock after selling 104 shares during the quarter. Noble Family Wealth LLC owned 0.29% of Invesco Dorsey Wright Industrials Momentum ETF worth $655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advisors Preferred LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the fourth quarter valued at about $29,000. Baystate Wealth Management LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter worth about $32,000. Raymond James & Associates raised its stake in Invesco Dorsey Wright Industrials Momentum ETF by 8.1% in the fourth quarter. Raymond James & Associates now owns 3,376 shares of the company’s stock valued at $400,000 after purchasing an additional 252 shares in the last quarter. Stonebridge Financial Planning Group LLC raised its stake in Invesco Dorsey Wright Industrials Momentum ETF by 11.5% in the fourth quarter. Stonebridge Financial Planning Group LLC now owns 3,871 shares of the company’s stock valued at $458,000 after purchasing an additional 400 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its stake in Invesco Dorsey Wright Industrials Momentum ETF by 16.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,074 shares of the company’s stock valued at $482,000 after purchasing an additional 586 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

NASDAQ PRN traded down $0.96 on Friday, reaching $133.34. 3,983 shares of the company’s stock traded hands, compared to its average volume of 9,471. Invesco Dorsey Wright Industrials Momentum ETF has a 12 month low of $94.08 and a 12 month high of $142.46. The stock has a market cap of $222.68 million, a PE ratio of 29.37 and a beta of 1.07. The stock has a 50-day simple moving average of $135.90 and a 200 day simple moving average of $129.76.

Invesco Dorsey Wright Industrials Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.0286 per share. This represents a $0.11 annualized dividend and a yield of 0.09%. The ex-dividend date of this dividend was Monday, June 24th.

Invesco Dorsey Wright Industrials Momentum ETF 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.