Prospera Financial Services Inc Buys Shares of 2,150 Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Prospera Financial Services Inc purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,150 shares of the company’s stock, valued at approximately $329,000. Prospera Financial Services Inc owned about 0.10% of Invesco Dorsey Wright Industrials Momentum ETF at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PRN. MinichMacGregor Wealth Management LLC purchased a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter worth $375,000. J.W. Cole Advisors Inc. boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 8.9% in the third quarter. J.W. Cole Advisors Inc. now owns 4,435 shares of the company’s stock worth $679,000 after acquiring an additional 363 shares in the last quarter. Financial Management Professionals Inc. increased its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 3.1% during the third quarter. Financial Management Professionals Inc. now owns 27,205 shares of the company’s stock valued at $4,162,000 after acquiring an additional 809 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter valued at approximately $868,000. Finally, Silver Oak Securities Incorporated raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 82.8% in the 3rd 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 Trading Up 1.3 %

NASDAQ:PRN opened at $177.44 on Monday. The company’s 50 day moving average is $159.74 and its two-hundred day moving average is $145.57. The company has a market cap of $393.92 million, a PE ratio of 29.37 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a twelve month low of $106.20 and a twelve month high of $177.73.

Invesco Dorsey Wright Industrials Momentum ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.243 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco Dorsey Wright Industrials Momentum ETF’s previous quarterly dividend of $0.03. This represents a $0.97 dividend on an annualized basis and a dividend yield of 0.55%.

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.