Invesco DWA Energy Momentum ETF Price & Performance (PXI)

Steward Partners Investment Advisory LLC increased its holdings in Invesco DWA Emerging Markets Momentum ETF by 27.4% in the fourth quarter, acquiring an additional 1,545 shares. This move brought their total ownership to 7,187 shares valued at $138,000. Other firms, including MorganRosel Wealth Management and Maltin Wealth Management, also adjusted their positions in the ETF.1

Raymond James Financial Inc. acquired 670,249 shares of Invesco DWA Emerging Markets Momentum ETF in the fourth quarter, amounting to $12.88 million. This purchase represents 12.3% of the ETF's portfolio. Other institutional investors, such as NewSquare Capital LLC, also increased their stakes, signaling growing interest in emerging markets.2

The Invesco DWA Energy Momentum ETF (PXI) shows mixed signals for traders. Resistance at $41.47 is a key level, with short-term strategies suggesting short positions near this point. A break above resistance could trigger a buy signal with a target of $44.58. Investors are advised to monitor updates closely.3