One Plus One Wealth Management LLC Reduces Holdings in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

One Plus One Wealth Management LLC trimmed its position in shares of Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 2.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,258 shares of the company’s stock after selling 2,435 shares during the quarter. Invesco Dorsey Wright Energy Momentum ETF makes up approximately 2.5% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. One Plus One Wealth Management LLC owned about 0.07% of Invesco Dorsey Wright Energy Momentum ETF worth $4,181,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF in the 2nd quarter valued at $253,000. Private Advisor Group LLC grew its holdings in Invesco Dorsey Wright Energy Momentum ETF by 9.3% in the 3rd quarter. Private Advisor Group LLC now owns 5,867 shares of the company’s stock valued at $253,000 after buying an additional 500 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF in the 3rd quarter valued at $27,000. Finally, Trueblood Wealth Management LLC purchased a new stake in Invesco Dorsey Wright Energy Momentum ETF in the 4th quarter valued at $239,000.

Invesco Dorsey Wright Energy Momentum ETF Stock Down 2.0 %

Shares of NASDAQ:PXI opened at $45.39 on Thursday. The business has a fifty day moving average of $45.81 and a two-hundred day moving average of $45.66. The stock has a market cap of $59.91 million, a P/E ratio of 7.40 and a beta of 1.68. Invesco Dorsey Wright Energy Momentum ETF has a 52-week low of $40.32 and a 52-week high of $51.97.

Invesco Dorsey Wright Energy Momentum ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.185 dividend. The ex-dividend date was Monday, December 23rd.

Invesco Dorsey Wright Energy Momentum ETF Profile

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.