Janney Montgomery Scott LLC Has $5.88 Million Position in Invesco DWA Energy Momentum ETF (NASDAQ:PXI)

Posted by Defense World Staff on Jul 23rd, 2023

Janney Montgomery Scott LLC lifted its holdings in shares of Invesco DWA Energy Momentum ETF (NASDAQ:PXI – Free Report) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,405 shares of the company’s stock after purchasing an additional 3,370 shares during the quarter. Janney Montgomery Scott LLC owned 5.58% of Invesco DWA Energy Momentum ETF worth $5,876,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. WMG Financial Advisors LLC raised its position in shares of Invesco DWA Energy Momentum ETF by 6.8% during the first quarter. WMG Financial Advisors LLC now owns 5,609 shares of the company’s stock worth $224,000 after purchasing an additional 356 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Invesco DWA Energy Momentum ETF by 6.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,896 shares of the company’s stock worth $341,000 after purchasing an additional 469 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Invesco DWA Energy Momentum ETF by 10.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 7,939 shares of the company’s stock worth $343,000 after purchasing an additional 729 shares during the period. Genesee Capital Advisors LLC raised its position in shares of Invesco DWA Energy Momentum ETF by 2.8% during the fourth quarter. Genesee Capital Advisors LLC now owns 33,700 shares of the company’s stock worth $1,457,000 after purchasing an additional 926 shares during the period. Finally, Prospera Financial Services Inc raised its position in shares of Invesco DWA Energy Momentum ETF by 3.8% during the fourth quarter. Prospera Financial Services Inc now owns 25,688 shares of the company’s stock worth $1,111,000 after purchasing an additional 931 shares during the period.

Invesco DWA Energy Momentum ETF Stock Performance

Shares of Invesco DWA Energy Momentum ETF stock opened at $41.79 on Friday. The business’s 50 day simple moving average is $38.61 and its 200 day simple moving average is $38.58. Invesco DWA Energy Momentum ETF has a 52-week low of $35.46 and a 52-week high of $50.74. The firm has a market cap of $84.83 million, a PE ratio of 8.87 and a beta of 1.68.

Invesco DWA Energy Momentum ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Wednesday, June 21st were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend was Tuesday, June 20th.

Invesco DWA Energy Momentum ETF Company Profile

(Free Report)

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.