Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) by 1.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,116 shares of the company’s stock after selling 221 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF were worth $1,691,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Jones Financial Companies Lllp boosted its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 265.2% in the fourth quarter. Jones Financial Companies Lllp now owns 252 shares of the company’s stock worth $26,000 after buying an additional 183 shares during the period. Global Retirement Partners LLC boosted its position in Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% during the fourth quarter. Global Retirement Partners LLC now owns 857 shares of the company’s stock valued at $90,000 after purchasing an additional 152 shares during the last quarter. Benjamin Edwards Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the fourth quarter valued at $247,000. Raymond James Financial Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the fourth quarter valued at $373,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the fourth quarter worth about $428,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of NASDAQ:PSL opened at $112.71 on Wednesday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a fifty-two week low of $94.71 and a fifty-two week high of $114.45. The business has a 50-day moving average of $107.70 and a two-hundred day moving average of $108.05. The stock has a market capitalization of $94.68 million, a P/E ratio of 21.17 and a beta of 0.73.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.2207 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous dividend of $0.21.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.