Invesco Dorsey Wright Basic Materials Momentum ETF $PYZ Holdings Lifted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF (NASDAQ:PYZ) by 11.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,370 shares of the company’s stock after acquiring an additional 4,778 shares during the period. Janney Montgomery Scott LLC owned approximately 0.06% of Invesco Dorsey Wright Basic Materials Momentum ETF worth $5,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Advisory Services Network LLC acquired a new stake in Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter valued at about $437,000. Arax Advisory Partners acquired a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter worth approximately $306,000. Kestra Advisory Services LLC acquired a new position in shares of Invesco Dorsey Wright Basic Materials Momentum ETF in the 4th quarter worth approximately $74,000. Transamerica Financial Advisors LLC grew its stake in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 68,339.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 118,401 shares of the company’s stock worth $13,043,000 after purchasing an additional 118,228 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Invesco Dorsey Wright Basic Materials Momentum ETF by 24.2% in the 4th quarter. LPL Financial LLC now owns 17,218 shares of the company’s stock worth $1,897,000 after purchasing an additional 3,353 shares in the last quarter.

Invesco Dorsey Wright Basic Materials Momentum ETF Price Performance

PYZ stock opened at $121.70 on Friday. The firm has a market cap of $77.89 million, a PE ratio of 19.97 and a beta of 1.25. Invesco Dorsey Wright Basic Materials Momentum ETF has a 12 month low of $94.14 and a 12 month high of $134.10. The firm has a 50 day simple moving average of $127.92 and a 200 day simple moving average of $124.20.

Invesco Dorsey Wright Basic Materials Momentum ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.1423 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.57 annualized dividend and a dividend yield of 0.5%.

Invesco Dorsey Wright Basic Materials Momentum ETF Company Profile

The Invesco DWA Basic Materials Momentum ETF (PYZ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of US basic materials firms selected and weighted by price momentum. PYZ was launched on Oct 12, 2006 and is managed by Invesco.