33,487 Shares in Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ Purchased by Firestone Capital Management

Firestone Capital Management acquired a new position in Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 33,487 shares of the company’s stock, valued at approximately $4,214,000. Invesco Dorsey Wright Basic Materials Momentum ETF comprises about 0.8% of Firestone Capital Management’s investment portfolio, making the stock its 28th largest holding. Firestone Capital Management owned approximately 5.49% of Invesco Dorsey Wright Basic Materials Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Beacon Financial Advisory LLC bought a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the second quarter valued at approximately $620,000. Secure Asset Management LLC purchased a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the second quarter worth approximately $978,000. Investors Research Corp bought a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the 2nd quarter worth approximately $1,642,000. First PREMIER Bank bought a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the 2nd quarter worth approximately $84,000. Finally, Rehmann Capital Advisory Group bought a new stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF during the 2nd quarter worth approximately $199,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Stock Down 0.7%

PYZ opened at $122.87 on Wednesday. The business has a fifty day moving average of $123.15 and a 200 day moving average of $124.88. The stock has a market cap of $74.95 million, a P/E ratio of 19.97 and a beta of 1.26. Invesco Dorsey Wright Basic Materials Momentum ETF has a 52-week low of $97.09 and a 52-week high of $134.10.

Invesco Dorsey Wright Basic Materials Momentum ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.1423 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

Invesco Dorsey Wright Basic Materials Momentum ETF Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.