JPMorgan Chase & Co. Takes $27,000 Position in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

JPMorgan Chase & Co. bought a new position in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 616 shares of the company’s stock, valued at approximately $27,000.

Other large investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Energy Momentum ETF during the 2nd quarter worth about $253,000. Private Advisor Group LLC lifted its stake in Invesco Dorsey Wright Energy Momentum ETF by 9.3% in the 3rd quarter. Private Advisor Group LLC now owns 5,867 shares of the company’s stock valued at $253,000 after purchasing an additional 500 shares during the last quarter. Finally, One Plus One Wealth Management LLC grew its holdings in Invesco Dorsey Wright Energy Momentum ETF by 3.0% during the third quarter. One Plus One Wealth Management LLC now owns 96,693 shares of the company’s stock worth $4,171,000 after purchasing an additional 2,799 shares during the period.

Invesco Dorsey Wright Energy Momentum ETF Stock Up 1.2 %

PXI opened at $45.80 on Wednesday. Invesco Dorsey Wright Energy Momentum ETF has a 12-month low of $40.32 and a 12-month high of $51.97. The business has a 50 day moving average of $46.28 and a 200-day moving average of $45.75. The stock has a market cap of $60.46 million, a price-to-earnings ratio of 7.40 and a beta of 1.68.

Invesco Dorsey Wright Energy Momentum ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.185 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.