Spire Wealth Management Buys 710 Shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Spire Wealth Management raised its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 473.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 860 shares of the company’s stock after buying an additional 710 shares during the period. Spire Wealth Management’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $132,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PRN. HighTower Advisors LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the third quarter valued at about $19,248,000. Raymond James & Associates grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 698.9% in the third quarter. Raymond James & Associates now owns 25,228 shares of the company’s stock valued at $3,860,000 after purchasing an additional 22,070 shares during the last quarter. Stifel Financial Corp acquired a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the third quarter valued at about $2,694,000. Nilsine Partners LLC acquired a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at about $1,412,000. Finally, Silver Oak Securities Incorporated grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 82.8% in the third quarter. Silver Oak Securities Incorporated now owns 14,845 shares of the company’s stock valued at $2,260,000 after purchasing an additional 6,724 shares during the last quarter.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of NASDAQ:PRN opened at $159.42 on Friday. The company has a market cap of $400.14 million, a P/E ratio of 29.37 and a beta of 1.07. The stock’s 50-day moving average is $161.29 and its 200-day moving average is $155.40. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $123.84 and a 52-week high of $180.08.

Invesco Dorsey Wright Industrials Momentum ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2497 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Dorsey Wright Industrials Momentum ETF Profile

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.