Janney Montgomery Scott LLC boosted its position in shares of Invesco DWA Basic Materials Momentum ETF (NASDAQ:PYZ – Free Report) by 11.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,634 shares of the company’s stock after purchasing an additional 6,739 shares during the period. Janney Montgomery Scott LLC owned 3.44% of Invesco DWA Basic Materials Momentum ETF worth $5,580,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PYZ. Hennion & Walsh Asset Management Inc. boosted its holdings in Invesco DWA Basic Materials Momentum ETF by 59.3% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 5,050 shares of the company’s stock worth $429,000 after purchasing an additional 1,880 shares in the last quarter. Maltin Wealth Management Inc. raised its position in Invesco DWA Basic Materials Momentum ETF by 14.4% in the first quarter. Maltin Wealth Management Inc. now owns 3,633 shares of the company’s stock worth $309,000 after purchasing an additional 456 shares in the last quarter. Western Financial Corp CA acquired a new position in Invesco DWA Basic Materials Momentum ETF in the first quarter worth about $308,000. GPS Wealth Strategies Group LLC acquired a new position in Invesco DWA Basic Materials Momentum ETF in the first quarter worth about $127,000. Finally, Raymond James & Associates raised its position in Invesco DWA Basic Materials Momentum ETF by 9.1% in the first quarter. Raymond James & Associates now owns 29,016 shares of the company’s stock worth $2,467,000 after purchasing an additional 2,409 shares in the last quarter.
Invesco DWA Basic Materials Momentum ETF Stock Down 0.4 %
NASDAQ:PYZ opened at $87.31 on Friday. The firm has a market capitalization of $158.03 million, a PE ratio of 6.55 and a beta of 1.36. Invesco DWA Basic Materials Momentum ETF has a 12-month low of $68.91 and a 12-month high of $93.13. The firm has a 50-day moving average price of $82.88 and a 200 day moving average price of $82.18.
Invesco DWA Basic Materials Momentum ETF Dividend Announcement
About Invesco DWA Basic Materials Momentum ETF
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.
Read More
- Five stocks we like better than Invesco DWA Basic Materials Momentum ETF
- MarketBeat Week in Review – 7/17 – 7/21
- U.S. Bancorp Shares Rally As Analysts Get Bullish After Q2 Report
- AutoNation Beats Earnings Expectations, Stock Down?
- American Express Hiccups After Earnings, Time To Buy?
- ISRG Stock Sinks After Strong Earnings: Is the Growth Priced In?
Receive News & Ratings for Invesco DWA Basic Materials Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DWA Basic Materials Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
