Invesco DWA Financial Momentum ETF (NASDAQ:PFI) Stock Price Crosses Below Fifty Day Moving Average of $37.79

Invesco DWA Financial Momentum ETF (NASDAQ:PFI) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $37.79 and traded as low as $37.10. Invesco DWA Financial Momentum ETF shares last traded at $37.43, with a volume of 1,601 shares traded.

The firm has a fifty day moving average of $37.79.

Several institutional investors and hedge funds have recently made changes to their positions in PFI. Western Wealth Management LLC bought a new position in Invesco DWA Financial Momentum ETF in the 2nd quarter worth approximately $2,329,000. Janney Montgomery Scott LLC bought a new position in Invesco DWA Financial Momentum ETF in the 2nd quarter worth approximately $1,578,000. Intl Fcstone Inc. bought a new position in Invesco DWA Financial Momentum ETF in the 2nd quarter worth approximately $351,000. SPC Financial Inc. bought a new position in Invesco DWA Financial Momentum ETF in the 2nd quarter worth approximately $234,000. Finally, Cetera Advisor Networks LLC bought a new position in Invesco DWA Financial Momentum ETF in the 2nd quarter worth approximately $216,000.

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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