Royal Bank of Canada Sells 6,726 Shares of Invesco Dorsey Wright Industrials Momentum ETF $PRN

Royal Bank of Canada lessened its holdings in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 32.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,107 shares of the company’s stock after selling 6,726 shares during the period. Royal Bank of Canada’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $2,744,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PRN. Private Advisor Group LLC increased its position in Invesco Dorsey Wright Industrials Momentum ETF by 68.5% during the 4th quarter. Private Advisor Group LLC now owns 21,185 shares of the company’s stock worth $3,698,000 after purchasing an additional 8,614 shares in the last quarter. MML Investors Services LLC boosted its position in Invesco Dorsey Wright Industrials Momentum ETF by 10.2% in the fourth quarter. MML Investors Services LLC now owns 14,311 shares of the company’s stock valued at $2,498,000 after buying an additional 1,330 shares in the last quarter. Principal Securities Inc. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 19.0% during the fourth quarter. Principal Securities Inc. now owns 14,224 shares of the company’s stock worth $2,483,000 after buying an additional 2,274 shares during the last quarter. StoneX Group Inc. grew its stake in shares of Invesco Dorsey Wright Industrials Momentum ETF by 2.5% during the fourth quarter. StoneX Group Inc. now owns 13,512 shares of the company’s stock worth $2,359,000 after buying an additional 324 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the third quarter worth $1,728,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Performance

Shares of NASDAQ:PRN opened at $227.25 on Monday. Invesco Dorsey Wright Industrials Momentum ETF has a 52-week low of $156.00 and a 52-week high of $262.73. The company has a market capitalization of $438.59 million, a PE ratio of 28.33 and a beta of 1.29. The company has a fifty day moving average of $233.13 and a 200-day moving average of $221.44.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.