NewSquare Capital LLC Increases Stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

NewSquare Capital LLC grew its stake in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 261.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 702,008 shares of the company’s stock after purchasing an additional 508,046 shares during the period. Invesco DWA Emerging Markets Momentum ETF comprises approximately 1.3% of NewSquare Capital LLC’s investment portfolio, making the stock its 21st largest holding. NewSquare Capital LLC owned 11.23% of Invesco DWA Emerging Markets Momentum ETF worth $13,823,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Advisory Services LLC increased its stake in shares of Invesco DWA Emerging Markets Momentum ETF by 5.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 13,789 shares of the company’s stock valued at $256,000 after purchasing an additional 651 shares in the last quarter. EP Wealth Advisors LLC increased its position in shares of Invesco DWA Emerging Markets Momentum ETF by 182.2% in the third quarter. EP Wealth Advisors LLC now owns 19,554 shares of the company’s stock valued at $363,000 after buying an additional 12,626 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Invesco DWA Emerging Markets Momentum ETF during the 4th quarter worth approximately $420,000. Lunt Capital Management Inc. purchased a new position in shares of Invesco DWA Emerging Markets Momentum ETF during the 3rd quarter valued at approximately $513,000. Finally, Trueblood Wealth Management LLC acquired a new stake in Invesco DWA Emerging Markets Momentum ETF in the 4th quarter valued at $660,000.

Invesco DWA Emerging Markets Momentum ETF Trading Up 1.3 %

NASDAQ:PIE traded up $0.26 during trading hours on Tuesday, reaching $20.77. 13,377 shares of the company were exchanged, compared to its average volume of 31,848. The firm has a market cap of $129.81 million, a PE ratio of 10.06 and a beta of 0.79. Invesco DWA Emerging Markets Momentum ETF has a twelve month low of $17.35 and a twelve month high of $21.81. The stock’s 50-day moving average is $20.68 and its 200-day moving average is $19.57.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.0268 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.52%. The ex-dividend date was Monday, March 18th.

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.