Unique Wealth Strategies LLC Takes Position in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI)

Unique Wealth Strategies LLC bought a new stake in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) in the fourth quarter, HoldingsChannel reports. The fund bought 54,824 shares of the company’s stock, valued at approximately $2,450,000. Invesco Dorsey Wright Energy Momentum ETF makes up approximately 1.6% of Unique Wealth Strategies LLC’s investment portfolio, making the stock its 14th biggest position.

Other large investors have also modified their holdings of the company. Scotia Capital Inc. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter valued at approximately $593,000. SPC Financial Inc. acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter valued at approximately $700,000. Silver Oak Securities Incorporated acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter valued at approximately $747,000. Cambridge Investment Research Advisors Inc. grew its stake in Invesco Dorsey Wright Energy Momentum ETF by 282.9% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 25,238 shares of the company’s stock valued at $1,167,000 after purchasing an additional 18,647 shares in the last quarter. Finally, Genesee Capital Advisors LLC acquired a new stake in Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter valued at approximately $1,237,000.

Invesco Dorsey Wright Energy Momentum ETF Trading Up 0.4 %

NASDAQ PXI traded up $0.20 during mid-day trading on Friday, reaching $49.81. 1,289 shares of the company’s stock traded hands, compared to its average volume of 15,352. The company has a market cap of $75.21 million, a price-to-earnings ratio of 7.51 and a beta of 1.68. The company has a fifty day simple moving average of $47.62 and a 200-day simple moving average of $45.12. Invesco Dorsey Wright Energy Momentum ETF has a 1-year low of $35.46 and a 1-year high of $51.20.

Invesco Dorsey Wright Energy Momentum ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.077 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.31 annualized dividend and a dividend yield of 0.62%.

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.