13,332 Shares in Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ Bought by JNBA Financial Advisors

JNBA Financial Advisors bought a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,332 shares of the company’s stock, valued at approximately $1,678,000. JNBA Financial Advisors owned 2.19% of Invesco Dorsey Wright Basic Materials Momentum ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Transamerica Financial Advisors LLC increased its stake in Invesco Dorsey Wright Basic Materials Momentum ETF by 68,339.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 118,401 shares of the company’s stock worth $13,043,000 after purchasing an additional 118,228 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Invesco Dorsey Wright Basic Materials Momentum ETF by 11.2% during the first quarter. Janney Montgomery Scott LLC now owns 47,370 shares of the company’s stock valued at $5,676,000 after buying an additional 4,778 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the first quarter worth about $2,629,000. LPL Financial LLC boosted its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 24.2% in the fourth quarter. LPL Financial LLC now owns 17,218 shares of the company’s stock worth $1,897,000 after buying an additional 3,353 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the third quarter worth approximately $547,000.

Invesco Dorsey Wright Basic Materials Momentum ETF Price Performance

Invesco Dorsey Wright Basic Materials Momentum ETF stock opened at $124.36 on Monday. Invesco Dorsey Wright Basic Materials Momentum ETF has a fifty-two week low of $97.09 and a fifty-two week high of $134.10. The firm’s 50 day simple moving average is $123.32 and its 200-day simple moving average is $125.00. The company has a market cap of $75.86 million, a P/E ratio of 19.97 and a beta of 1.26.

Invesco Dorsey Wright Basic Materials Momentum ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.1423 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%.

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.