Schmidt P J Investment Management Inc. Purchases New Stake in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Schmidt P J Investment Management Inc. purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) in the third quarter, Holdings Channel reports. The firm purchased 3,718 shares of the company’s stock, valued at approximately $736,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Paller Financial Services Inc grew its stake in Invesco Dorsey Wright Industrials Momentum ETF by 2.7% in the third quarter. Paller Financial Services Inc now owns 19,455 shares of the company’s stock worth $3,849,000 after purchasing an additional 512 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter worth $2,785,000. American Trust lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 1.4% in the 1st quarter. American Trust now owns 9,035 shares of the company’s stock worth $1,758,000 after buying an additional 126 shares during the period. Genesee Capital Advisors LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $1,233,000. Finally, Kestra Advisory Services LLC grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 30.8% during the 1st quarter. Kestra Advisory Services LLC now owns 6,134 shares of the company’s stock worth $1,193,000 after buying an additional 1,444 shares in the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Trading Down 1.5%

Shares of Invesco Dorsey Wright Industrials Momentum ETF stock opened at $192.81 on Thursday. The firm has a market cap of $304.64 million, a P/E ratio of 28.33 and a beta of 1.27. Invesco Dorsey Wright Industrials Momentum ETF has a 12 month low of $156.00 and a 12 month high of $262.73. The stock’s fifty day moving average price is $197.25 and its 200-day moving average price is $214.16.

About Invesco Dorsey Wright Industrials Momentum ETF

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.