Del Sette Capital Management LLC Takes $5.46 Million Position in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Del Sette Capital Management LLC bought a new stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 255,798 shares of the company’s stock, valued at approximately $5,461,000. Invesco DWA Emerging Markets Momentum ETF makes up 4.5% of Del Sette Capital Management LLC’s investment portfolio, making the stock its 8th biggest holding.

Several other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in Invesco DWA Emerging Markets Momentum ETF during the 4th quarter valued at about $420,000. Private Advisor Group LLC acquired a new position in Invesco DWA Emerging Markets Momentum ETF during the 4th quarter valued at about $219,000. Wealthspire Advisors LLC boosted its stake in Invesco DWA Emerging Markets Momentum ETF by 2.3% during the 4th quarter. Wealthspire Advisors LLC now owns 50,301 shares of the company’s stock valued at $990,000 after purchasing an additional 1,121 shares during the last quarter. Maltin Wealth Management Inc. boosted its stake in Invesco DWA Emerging Markets Momentum ETF by 8.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 257,005 shares of the company’s stock valued at $5,353,000 after purchasing an additional 20,467 shares during the last quarter. Finally, MorganRosel Wealth Management LLC boosted its stake 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 valued at $641,000 after purchasing an additional 1,200 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Performance

PIE stock opened at $20.11 on Thursday. The company has a market capitalization of $123.68 million, a P/E ratio of 10.25 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a 52-week low of $17.35 and a 52-week high of $22.15. The business has a 50-day simple moving average of $20.73 and a two-hundred day simple moving average of $20.96.

Invesco DWA Emerging Markets Momentum ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.2397 per share. The ex-dividend date was Monday, June 24th. This represents a $0.96 annualized dividend and a dividend yield of 4.77%. This is a boost from Invesco DWA Emerging Markets Momentum ETF’s previous quarterly dividend of $0.03.

Invesco DWA Emerging Markets Momentum ETF Profile

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.