Nilsine Partners LLC Invests $1.41 Million in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

Nilsine Partners LLC purchased a new stake in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,186 shares of the company’s stock, valued at approximately $1,412,000.

Other large investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in shares of Invesco Dorsey Wright Industrials Momentum ETF during the third quarter valued at $31,000. FMR LLC grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 17.1% in the 3rd quarter. FMR LLC now owns 404 shares of the company’s stock worth $62,000 after purchasing an additional 59 shares during the last quarter. MGB Wealth Management LLC increased its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.9% during the 3rd quarter. MGB Wealth Management LLC now owns 875 shares of the company’s stock worth $134,000 after purchasing an additional 100 shares in the last quarter. Private Advisory Group LLC bought a new position in Invesco Dorsey Wright Industrials Momentum ETF during the 3rd quarter valued at about $219,000. Finally, Trueblood Wealth Management LLC acquired a new position in Invesco Dorsey Wright Industrials Momentum ETF in the fourth quarter valued at about $236,000.

Invesco Dorsey Wright Industrials Momentum ETF Trading Up 0.7 %

NASDAQ PRN opened at $156.76 on Wednesday. Invesco Dorsey Wright Industrials Momentum ETF has a 1-year low of $117.64 and a 1-year high of $180.08. The company has a 50 day moving average of $164.24 and a 200-day moving average of $154.64. The firm has a market cap of $390.33 million, a price-to-earnings ratio of 29.37 and a beta of 1.07.

Invesco Dorsey Wright Industrials Momentum ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.2497 per share. The ex-dividend date was Monday, December 23rd.

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.