Avantax Advisory Services Inc. Cuts Stock Holdings in Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE)

Avantax Advisory Services Inc. lowered its stake in shares of Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) by 7.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,169 shares of the company’s stock after selling 4,483 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Invesco DWA Emerging Markets Momentum ETF were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of PIE. Steward Partners Investment Advisory LLC increased its position in shares of Invesco DWA Emerging Markets Momentum ETF by 27.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,187 shares of the company’s stock worth $138,000 after acquiring an additional 1,545 shares during the period. Whipplewood Advisors LLC purchased a new position in Invesco DWA Emerging Markets Momentum ETF in the fourth quarter valued at $362,000. MorganRosel Wealth Management LLC increased its holdings in Invesco DWA Emerging Markets Momentum ETF by 9.3% in the fourth quarter. MorganRosel Wealth Management LLC now owns 35,161 shares of the company’s stock valued at $676,000 after buying an additional 2,994 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in Invesco DWA Emerging Markets Momentum ETF in the third quarter valued at $1,999,000. Finally, NewSquare Capital LLC increased its holdings in Invesco DWA Emerging Markets Momentum ETF by 4.1% in the fourth quarter. NewSquare Capital LLC now owns 190,425 shares of the company’s stock valued at $3,660,000 after buying an additional 7,463 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Price Performance

NASDAQ:PIE opened at $19.10 on Thursday. The firm has a market capitalization of $104.07 million, a PE ratio of 13.49 and a beta of 0.79. The business’s fifty day moving average price is $18.85 and its 200 day moving average price is $19.64. Invesco DWA Emerging Markets Momentum ETF has a 12 month low of $18.07 and a 12 month high of $22.15.

Invesco DWA Emerging Markets Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0369 dividend. The ex-dividend date was Monday, December 23rd.

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.