Invesco DWA Financial Momentum ETF (NASDAQ:PFI)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $37.67. Invesco DWA Financial Momentum ETF shares last traded at $37.67, with a volume of 200 shares changing hands.

The stock has a 50 day moving average price of $37.73.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, June 25th were paid a dividend of $0.126 per share. This is a positive change from Invesco DWA Financial Momentum ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.50 annualized dividend and a yield of 1.33%.

An institutional investor recently bought a new position in Invesco DWA Financial Momentum ETF stock. Intl Fcstone Inc. purchased a new stake in Invesco DWA Financial Momentum ETF (NASDAQ:PFI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 9,451 shares of the company’s stock, valued at approximately $351,000. Intl Fcstone Inc. owned 0.82% of Invesco DWA Financial Momentum ETF at the end of the most recent quarter.

Invesco DWA Financial Momentum ETF Company Profile (NASDAQ:PFI)

PowerShares Dynamic Financial Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Financial Sector Intellidex Index (the Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.

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