Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Shares Up 1.7% – Time to Buy?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) shares rose 1.7% on Monday . The company traded as high as $103.94 and last traded at $103.94. 501 shares were traded during mid-day trading, a decline of 35% from the average session volume of 773 shares. The stock had previously closed at $102.22.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.8%

The company has a fifty day moving average price of $101.42 and a two-hundred day moving average price of $101.11. The firm has a market capitalization of $23.05 million, a price-to-earnings ratio of 24.30 and a beta of 1.15.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Large investors have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 1st quarter worth $149,000. Goldman Sachs Group Inc. grew its holdings in shares of 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 purchasing an additional 501 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the second quarter worth about $81,000. Bank of America Corp DE increased its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock worth $2,464,000 after purchasing an additional 282 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the third quarter worth about $916,000.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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.