Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. grew its position in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 46,775.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,875 shares of the company’s stock after acquiring an additional 1,871 shares during the quarter. Sunbelt Securities Inc.’s holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF were worth $191,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. New Millennium Group LLC bought a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 2nd quarter valued at about $27,000. Commonwealth Equity Services LLC boosted its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 1.4% in the second quarter. Commonwealth Equity Services LLC now owns 19,593 shares of the company’s stock valued at $1,905,000 after acquiring an additional 264 shares during the period. Maltin Wealth Management Inc. grew its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 10.6% during the third quarter. Maltin Wealth Management Inc. now owns 6,250 shares of the company’s stock valued at $636,000 after purchasing an additional 597 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the 3rd quarter worth approximately $41,000. Finally, Meridian Wealth Management LLC bought a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the 3rd quarter worth approximately $206,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of PSL opened at $109.86 on Friday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 12 month low of $89.09 and a 12 month high of $110.81. The stock has a fifty day moving average price of $105.31 and a 200 day moving average price of $100.76. The company has a market cap of $95.58 million, a P/E ratio of 25.07 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.101 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.37%.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

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