Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.88 and traded as high as $111.61. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF shares last traded at $110.88, with a volume of 2,344 shares trading hands.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Down 0.0 %

The firm has a market capitalization of $75.40 million, a P/E ratio of 19.95 and a beta of 1.29. The firm has a 50 day moving average of $106.05 and a 200-day moving average of $99.88.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. SPC Financial Inc. raised its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% during the second quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock valued at $949,000 after purchasing an additional 178 shares in the last quarter. Transamerica Financial Advisors Inc. increased its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% during the third quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock worth $15,235,000 after buying an additional 397 shares in the last quarter. Genesee Capital Advisors LLC increased its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 15.0% during the second quarter. Genesee Capital Advisors LLC now owns 17,172 shares of the company’s stock worth $1,647,000 after buying an additional 2,243 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the second quarter worth $497,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 42.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 18,210 shares of the company’s stock worth $1,747,000 after buying an additional 5,394 shares in the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.