Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 23,300 shares, an increase of 269.8% from the September 30th total of 6,300 shares. Based on an average daily trading volume, of 13,900 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Carolinas Wealth Consulting LLC grew its position in Invesco DWA Emerging Markets Momentum ETF by 7.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 9,223 shares of the company’s stock worth $197,000 after purchasing an additional 600 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Invesco DWA Emerging Markets Momentum ETF by 10.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 18,549 shares of the company’s stock worth $396,000 after purchasing an additional 1,705 shares during the last quarter. EP Wealth Advisors LLC grew its position in Invesco DWA Emerging Markets Momentum ETF by 3.6% during the 1st quarter. EP Wealth Advisors LLC now owns 20,256 shares of the company’s stock worth $422,000 after purchasing an additional 702 shares during the last quarter. MorganRosel Wealth Management LLC grew its position in Invesco DWA Emerging Markets Momentum ETF by 4.1% during the 1st quarter. MorganRosel Wealth Management LLC now owns 30,767 shares of the company’s stock worth $641,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Invesco DWA Emerging Markets Momentum ETF by 8.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 34,882 shares of the company’s stock worth $745,000 after purchasing an additional 2,812 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Up 0.1 %

Shares of Invesco DWA Emerging Markets Momentum ETF stock traded up $0.02 on Friday, reaching $20.57. The stock had a trading volume of 6,438 shares, compared to its average volume of 23,064. The company has a 50 day moving average price of $20.42 and a 200 day moving average price of $20.89. Invesco DWA Emerging Markets Momentum ETF has a 1 year low of $17.35 and a 1 year high of $22.15. The stock has a market capitalization of $126.51 million, a P/E ratio of 10.25 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco DWA Emerging Markets Momentum ETF

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S.