Invesco Dorsey Wright Energy Momentum ETF to Issue Quarterly Dividend of $0.10 (NASDAQ:PXI)

Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) announced a quarterly dividend on Monday, March 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 23rd will be paid a dividend of 0.1041 per share on Friday, March 27th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, March 23rd.

Invesco Dorsey Wright Energy Momentum ETF Stock Up 0.1%

Shares of PXI opened at $58.34 on Tuesday. The stock has a market capitalization of $49.01 million, a P/E ratio of 17.22 and a beta of 0.93. Invesco Dorsey Wright Energy Momentum ETF has a twelve month low of $34.54 and a twelve month high of $59.60. The firm has a fifty day simple moving average of $52.87 and a two-hundred day simple moving average of $48.67.

Institutional Trading of Invesco Dorsey Wright Energy Momentum ETF

Several large investors have recently modified their holdings of PXI. Clear Creek Financial Management LLC increased its holdings in Invesco Dorsey Wright Energy Momentum ETF by 43.4% during the 3rd quarter. Clear Creek Financial Management LLC now owns 85,685 shares of the company’s stock valued at $4,016,000 after purchasing an additional 25,934 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Invesco Dorsey Wright Energy Momentum ETF by 6.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 32,510 shares of the company’s stock worth $1,470,000 after buying an additional 2,046 shares during the period. IHT Wealth Management LLC bought a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF in the 4th quarter worth approximately $976,000. Tower Research Capital LLC TRC increased its stake in shares of Invesco Dorsey Wright Energy Momentum ETF by 49.5% during the second quarter. Tower Research Capital LLC TRC now owns 13,374 shares of the company’s stock valued at $577,000 after buying an additional 4,431 shares during the period. Finally, Trueblood Wealth Management LLC increased its stake in shares of Invesco Dorsey Wright Energy Momentum ETF by 5.9% during the third quarter. Trueblood Wealth Management LLC now owns 10,338 shares of the company’s stock valued at $485,000 after buying an additional 575 shares during the period.

About Invesco Dorsey Wright Energy Momentum ETF

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. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.