Invesco DWA Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Trading Down 0.7%

Shares of Invesco DWA Consumer Cyclicals Momentum ETF (NASDAQ:PEZ – Get Rating) dropped 0.7% during trading on Wednesday . The company traded as low as $65.51 and last traded at $65.51. Approximately 1,311 shares were traded during trading, a decline of 4% from the average daily volume of 1,372 shares. The stock had previously closed at $65.94.

Invesco DWA Consumer Cyclicals Momentum ETF Stock Up 0.4 %

The stock has a 50 day moving average price of $67.81 and a 200 day moving average price of $68.11. The stock has a market capitalization of $21.54 million, a price-to-earnings ratio of 12.15 and a beta of 1.29.

Invesco DWA Consumer Cyclicals Momentum ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Tuesday, March 21st were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.41%. This is an increase from Invesco DWA Consumer Cyclicals Momentum ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Monday, March 20th.

Hedge Funds Weigh In On Invesco DWA Consumer Cyclicals Momentum ETF

A number of hedge funds have recently made changes to their positions in the stock. UBS Group AG raised its position in shares of Invesco DWA Consumer Cyclicals Momentum ETF by 5.3% during the fourth quarter. UBS Group AG now owns 5,566 shares of the company’s stock worth $356,000 after acquiring an additional 278 shares during the last quarter. Bank of America Corp DE increased its holdings in Invesco DWA Consumer Cyclicals Momentum ETF by 1.2% in the fourth quarter. Bank of America Corp DE now owns 31,198 shares of the company’s stock worth $1,998,000 after purchasing an additional 367 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco DWA Consumer Cyclicals Momentum ETF by 12.3% in the second quarter. Goldman Sachs Group Inc. now owns 7,209 shares of the company’s stock worth $438,000 after purchasing an additional 787 shares in the last quarter. Capital Wealth Alliance LLC increased its holdings in Invesco DWA Consumer Cyclicals Momentum ETF by 65.1% in the fourth quarter. Capital Wealth Alliance LLC now owns 6,183 shares of the company’s stock worth $396,000 after purchasing an additional 2,438 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in Invesco DWA Consumer Cyclicals Momentum ETF by 88.7% in the first quarter. Flow Traders U.S. LLC now owns 9,848 shares of the company’s stock worth $737,000 after purchasing an additional 4,628 shares in the last quarter.

About Invesco DWA Consumer Cyclicals Momentum ETF

(Get Rating)

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.