Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) Announces Quarterly Dividend of $0.24

Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) declared a quarterly dividend on Monday, December 22nd. Stockholders of record on Monday, December 22nd will be paid a dividend of 0.242 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, December 22nd. This is a 199.1% increase from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.08.

Invesco Dorsey Wright Emerging Markets Momentum ETF Price Performance

Shares of NASDAQ PIE traded down $0.23 during midday trading on Monday, reaching $24.30. 13,910 shares of the company traded hands, compared to its average volume of 29,508. The company has a market cap of $120.29 million, a price-to-earnings ratio of 13.79 and a beta of 0.72. The stock has a 50-day moving average price of $24.09 and a 200 day moving average price of $22.95. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52 week low of $15.31 and a 52 week high of $24.78.

Institutional Trading of Invesco Dorsey Wright Emerging Markets Momentum ETF

A number of institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 48,217.4% in the first quarter. Jones Financial Companies Lllp now owns 1,261,084 shares of the company’s stock valued at $22,927,000 after acquiring an additional 1,258,474 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 54.7% in the 3rd quarter. Raymond James Financial Inc. now owns 869,151 shares of the company’s stock worth $21,207,000 after buying an additional 307,189 shares in the last quarter. M Holdings Securities Inc. raised its stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 9.1% in the 2nd quarter. M Holdings Securities Inc. now owns 411,704 shares of the company’s stock worth $8,620,000 after buying an additional 34,174 shares in the last quarter. UBS Group AG lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 4.5% in the third quarter. UBS Group AG now owns 193,166 shares of the company’s stock valued at $4,713,000 after buying an additional 8,322 shares during the period. Finally, NewSquare Capital LLC boosted its stake in Invesco Dorsey Wright Emerging Markets Momentum ETF by 7.5% during the third quarter. NewSquare Capital LLC now owns 183,463 shares of the company’s stock valued at $4,476,000 after buying an additional 12,727 shares in the last quarter.

About Invesco Dorsey Wright Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.