StoneX Group Inc. Increases Stock Holdings in Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN)

StoneX Group Inc. increased its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,877 shares of the company’s stock after purchasing an additional 230 shares during the quarter. StoneX Group Inc.’s holdings in Invesco Dorsey Wright Industrials Momentum ETF were worth $2,287,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PRN. Advisors Preferred LLC purchased a new stake in shares of Invesco Dorsey Wright Industrials Momentum ETF during the 4th quarter valued at $47,000. Global Retirement Partners LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 435.3% in the fourth quarter. Global Retirement Partners LLC now owns 364 shares of the company’s stock valued at $56,000 after acquiring an additional 296 shares during the last quarter. FMR LLC boosted its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 17.1% in the third quarter. FMR LLC now owns 404 shares of the company’s stock valued at $62,000 after acquiring an additional 59 shares during the last quarter. Spire Wealth Management grew its position in Invesco Dorsey Wright Industrials Momentum ETF by 473.3% during the fourth quarter. Spire Wealth Management now owns 860 shares of the company’s stock valued at $132,000 after acquiring an additional 710 shares during the period. Finally, Trueblood Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Industrials Momentum ETF during the fourth quarter worth about $236,000.

Invesco Dorsey Wright Industrials Momentum ETF Price Performance

Invesco Dorsey Wright Industrials Momentum ETF stock opened at $139.21 on Wednesday. Invesco Dorsey Wright Industrials Momentum ETF has a 12 month low of $126.68 and a 12 month high of $180.08. The company has a market cap of $341.06 million, a price-to-earnings ratio of 27.06 and a beta of 1.18. The stock’s 50-day moving average is $149.04 and its 200-day moving average is $157.09.

Invesco Dorsey Wright Industrials Momentum ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.006 per share. The ex-dividend date was Monday, March 24th.

Invesco Dorsey Wright Industrials Momentum ETF Company 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.