Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) Stock Holdings Lowered by Lincoln National Corp

Lincoln National Corp cut its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF (NASDAQ:PRN) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,240 shares of the company’s stock after selling 2,085 shares during the period. Lincoln National Corp owned approximately 2.09% of Invesco Dorsey Wright Industrials Momentum ETF worth $3,581,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. grew its holdings in Invesco Dorsey Wright Industrials Momentum ETF by 25.8% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 10,132 shares of the company’s stock worth $1,024,000 after acquiring an additional 2,078 shares during the period. Private Advisor Group LLC grew its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 13.0% in the 3rd quarter. Private Advisor Group LLC now owns 3,150 shares of the company’s stock worth $318,000 after acquiring an additional 362 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.3% during the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company’s stock worth $185,000 after purchasing an additional 201 shares during the period. Kingsview Wealth Management LLC lifted its holdings in shares of Invesco Dorsey Wright Industrials Momentum ETF by 75.7% during the third quarter. Kingsview Wealth Management LLC now owns 4,077 shares of the company’s stock valued at $412,000 after purchasing an additional 1,757 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Invesco Dorsey Wright Industrials Momentum ETF by 12.4% in the 3rd quarter. Avantax Advisory Services Inc. now owns 6,855 shares of the company’s stock valued at $693,000 after purchasing an additional 755 shares during the period.

Invesco Dorsey Wright Industrials Momentum ETF Trading Down 0.3 %

NASDAQ:PRN traded down $0.39 on Tuesday, hitting $136.58. 8,698 shares of the company’s stock traded hands, compared to its average volume of 10,365. The firm has a 50-day moving average price of $135.32 and a 200-day moving average price of $121.12. The company has a market cap of $228.09 million, a PE ratio of 29.37 and a beta of 1.07. Invesco Dorsey Wright Industrials Momentum ETF has a 1 year low of $93.21 and a 1 year high of $142.46.

Invesco Dorsey Wright Industrials Momentum ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.0727 per share. The ex-dividend date was Monday, March 18th. This represents a $0.29 annualized dividend and a dividend yield of 0.21%.

Invesco Dorsey Wright Industrials Momentum ETF Profile

PowerShares Dynamic Industrials Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Industrials Sector Intellidex Index (the Index). The Index consists of stocks of 60 United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.