Commonwealth Equity Services LLC reduced its holdings in shares of Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) by 15.5% during the third quarter, HoldingsChannel reports. The firm owned 20,854 shares of the company’s stock after selling 3,828 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco DWA Developed Markets Momentum ETF were worth $572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Cornerstone Wealth Management LLC bought a new position in Invesco DWA Developed Markets Momentum ETF in the second quarter valued at approximately $557,000. Wells Fargo & Company MN raised its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 7.6% in the second quarter. Wells Fargo & Company MN now owns 699,699 shares of the company’s stock valued at $19,235,000 after purchasing an additional 49,656 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 89.0% in the second quarter. Baird Financial Group Inc. now owns 72,268 shares of the company’s stock valued at $1,987,000 after purchasing an additional 34,026 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 47.0% in the second quarter. Raymond James & Associates now owns 255,430 shares of the company’s stock valued at $7,022,000 after purchasing an additional 81,654 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of Invesco DWA Developed Markets Momentum ETF by 392.5% in the second quarter. Sequoia Financial Advisors LLC now owns 42,054 shares of the company’s stock valued at $1,156,000 after purchasing an additional 33,515 shares during the last quarter.

NASDAQ PIZ opened at $23.73 on Friday. Invesco DWA Developed Markets Momentum ETF has a 12-month low of $22.96 and a 12-month high of $29.70.

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Invesco DWA Developed Markets Momentum ETF Company Profile

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.

Further Reading: Compound Interest

Want to see what other hedge funds are holding PIZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ).

Institutional Ownership by Quarter for Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ)

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