Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Price Down 0.2% – Here’s What Happened
by Teresa Graham · The Cerbat GemInvesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ – Get Free Report) fell 0.2% during mid-day trading on Tuesday . The stock traded as low as $101.16 and last traded at $99.45. 49 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 768 shares. The stock had previously closed at $99.61.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance
The firm has a market capitalization of $22.87 million, a price-to-earnings ratio of 24.30 and a beta of 1.16. The firm has a 50 day moving average price of $98.92 and a 200-day moving average price of $101.58.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.0985 dividend. This represents a $0.39 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.
Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the first quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock valued at $2,491,000 after buying an additional 807 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock valued at $1,039,000 after buying an additional 501 shares during the last quarter. Cetera Investment Advisers increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the first quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock valued at $992,000 after buying an additional 323 shares during the last quarter. AlphaCore Capital LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter valued at $986,000. Finally, Farther Finance Advisors LLC increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.5% in the fourth quarter. Farther Finance Advisors LLC now owns 9,276 shares of the company’s stock valued at $964,000 after buying an additional 225 shares during the last quarter.
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile
PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.