Royal Bank of Canada Has $2.74 Million Holdings in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Royal Bank of Canada reduced its position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 32.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,107 shares of the company’s stock after selling 6,726 shares during the period. Royal Bank of Canada owned approximately 0.82% of Invesco Dorsey Wright Industrials Momentum ETF worth $2,744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Sankala Group LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 4th quarter worth $83,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at about $88,000. Geneos Wealth Management Inc. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 187.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,005 shares of the company’s stock valued at $158,000 after acquiring an additional 655 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 9.0% in the third quarter. JPMorgan Chase & Co. now owns 1,150 shares of the company’s stock valued at $199,000 after acquiring an additional 95 shares in the last quarter. Finally, Arete Wealth Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at approximately $396,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

PRN opened at $227.25 on Monday. The firm has a market cap of $438.59 million, a P/E ratio of 28.33 and a beta of 1.29. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $156.00 and a 52-week high of $262.73. The business’s fifty day moving average is $233.13 and its 200-day moving average is $221.44.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.