Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) Short Interest Update

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decrease of 59.0% from the February 29th total of 3,900 shares. Based on an average daily trading volume, of 36,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco DWA Emerging Markets Momentum ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. NewSquare Capital LLC lifted its position in shares of Invesco DWA Emerging Markets Momentum ETF by 261.9% in the 4th quarter. NewSquare Capital LLC now owns 702,008 shares of the company’s stock worth $13,823,000 after buying an additional 508,046 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 17.0% during the second quarter. Wells Fargo & Company MN now owns 634,750 shares of the company’s stock valued at $12,041,000 after purchasing an additional 92,032 shares during the last quarter. Morgan Stanley raised its position in shares of Invesco DWA Emerging Markets Momentum ETF by 6.6% during the 4th quarter. Morgan Stanley now owns 446,332 shares of the company’s stock worth $7,939,000 after purchasing an additional 27,570 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 434,786 shares of the company’s stock worth $8,561,000 after purchasing an additional 5,607 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Invesco DWA Emerging Markets Momentum ETF by 1.9% in the 1st quarter. UBS Group AG now owns 346,741 shares of the company’s stock worth $8,100,000 after purchasing an additional 6,616 shares during the last quarter.

Invesco DWA Emerging Markets Momentum ETF Stock Up 0.1 %

Shares of PIE stock traded up $0.02 on Thursday, reaching $20.83. 7,943 shares of the stock were exchanged, compared to its average volume of 36,671. The firm has a 50 day moving average of $20.18 and a two-hundred day moving average of $19.26. Invesco DWA Emerging Markets Momentum ETF has a 1-year low of $17.35 and a 1-year high of $20.90. The stock has a market cap of $130.19 million, a P/E ratio of 10.29 and a beta of 0.79.

Invesco DWA Emerging Markets Momentum ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.0268 per share. The ex-dividend date was Monday, March 18th. This represents a $0.11 annualized dividend and a dividend yield of 0.51%.

Invesco DWA Emerging Markets Momentum ETF Company 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.