JNBA Financial Advisors Has $230,000 Stock Position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

JNBA Financial Advisors decreased its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 14.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,502 shares of the company’s stock after selling 260 shares during the quarter. JNBA Financial Advisors owned approximately 0.07% of Invesco Dorsey Wright Industrials Momentum ETF worth $230,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PRN. MinichMacGregor Wealth Management LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $375,000. J.W. Cole Advisors Inc. boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 8.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 4,435 shares of the company’s stock worth $679,000 after buying an additional 363 shares during the period. Financial Management Professionals Inc. boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 3.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 27,205 shares of the company’s stock worth $4,162,000 after buying an additional 809 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $868,000. Finally, Silver Oak Securities Incorporated boosted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 82.8% during the 3rd quarter. Silver Oak Securities Incorporated now owns 14,845 shares of the company’s stock worth $2,260,000 after buying an additional 6,724 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 5.5 %

NASDAQ PRN opened at $169.21 on Thursday. The company has a fifty day simple moving average of $152.11 and a 200 day simple moving average of $142.27. The company has a market cap of $375.65 million, a P/E ratio of 29.37 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a 1 year low of $100.69 and a 1 year high of $169.21.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.243 dividend. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03. This represents a $0.97 dividend on an annualized basis and a yield of 0.57%.

About Invesco Dorsey Wright Industrials Momentum ETF

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.