Western Wealth Management LLC Cuts Stock Position in Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL)

Western Wealth Management LLC lowered its position in Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) by 2.8% during the second quarter, Holdings Channel reports. The institutional investor owned 4,908 shares of the company’s stock after selling 141 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco DWA Consumer Staples Momentum ETF were worth $349,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of PSL. Sigma Planning Corp purchased a new position in shares of Invesco DWA Consumer Staples Momentum ETF in the 1st quarter worth approximately $200,000. IFG Advisory LLC purchased a new position in shares of Invesco DWA Consumer Staples Momentum ETF in the 1st quarter worth approximately $205,000. Mission Wealth Management LP purchased a new position in shares of Invesco DWA Consumer Staples Momentum ETF in the 1st quarter worth approximately $248,000. Sawtooth Solutions LLC purchased a new position in shares of Invesco DWA Consumer Staples Momentum ETF in the 1st quarter worth approximately $249,000. Finally, AE Wealth Management LLC grew its position in shares of Invesco DWA Consumer Staples Momentum ETF by 40.2% in the 2nd quarter. AE Wealth Management LLC now owns 4,926 shares of the company’s stock worth $354,000 after buying an additional 1,412 shares during the last quarter.

Shares of Invesco DWA Consumer Staples Momentum ETF stock traded down $1.73 on Friday, reaching $74.22. The stock had a trading volume of 5,611 shares, compared to its average volume of 17,177. The company has a 50 day moving average price of $73.86 and a 200 day moving average price of $71.66. Invesco DWA Consumer Staples Momentum ETF has a 1 year low of $62.13 and a 1 year high of $75.65.

About Invesco DWA Consumer Staples Momentum ETF

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.

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Institutional Ownership by Quarter for Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL)

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