Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ – Get Free Report) shares shot up 0.2% during trading on Monday. The stock traded as high as $94.20 and last traded at $94.1390. Approximately 185 shares traded hands during trading, a decline of 75% from the average session volume of 730 shares. The stock had previously closed at $93.99.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance
The firm’s 50 day moving average is $97.81 and its 200-day moving average is $99.01. The firm has a market cap of $24.48 million, a price-to-earnings ratio of 24.30 and a beta of 1.16.
Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter worth about $107,000. Bank of America Corp DE increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the 1st quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock valued at $2,491,000 after buying an additional 807 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the 1st quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock valued at $992,000 after buying an additional 323 shares in the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 1st quarter worth about $241,000.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile
PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.
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