Signal Advisors Wealth LLC Purchases New Position in Invesco Dorsey Wright Industrials Momentum ETF $PRN

Signal Advisors Wealth LLC acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the third quarter, HoldingsChannel reports. The institutional investor acquired 2,736 shares of the company’s stock, valued at approximately $541,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Paller Financial Services Inc lifted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 2.7% during the 3rd quarter. Paller Financial Services Inc now owns 19,455 shares of the company’s stock worth $3,849,000 after buying an additional 512 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 2nd quarter valued at $2,785,000. American Trust grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 1.4% in the 1st quarter. American Trust now owns 9,035 shares of the company’s stock valued at $1,758,000 after buying an additional 126 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 30.8% in the 1st quarter. Kestra Advisory Services LLC now owns 6,134 shares of the company’s stock valued at $1,193,000 after buying an additional 1,444 shares during the last quarter. Finally, Fagan Associates Inc. purchased a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF in the 3rd quarter valued at $793,000.

Invesco Dorsey Wright Industrials Momentum ETF Stock Down 1.1%

PRN traded down $2.06 on Friday, reaching $193.12. The company had a trading volume of 6,351 shares, compared to its average volume of 31,056. Invesco Dorsey Wright Industrials Momentum ETF has a 1 year low of $156.00 and a 1 year high of $262.73. The stock has a market capitalization of $332.17 million, a PE ratio of 28.33 and a beta of 1.28. The stock has a 50-day moving average price of $202.70 and a 200-day moving average price of $221.11.

Invesco Dorsey Wright Industrials Momentum ETF 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.