PowerShares DWA Industrials Momentum ETF (PRN) Is At $60.95 Formed Wedge; Sunstone Hotel Investors (SHO) Has 1.58 Sentiment

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The company has market cap of $861.06 million. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States. It has a 25.25 P/E ratio. The Company’s portfolio also includes mid-scale hotels.

PowerShares DWA Industrials Momentum ETF (PRN) formed wedge up with $66.44 target or 9.00% above today’s $60.95 share price. PowerShares DWA Industrials Momentum ETF (PRN) has $126.15M valuation. The ETF increased 0.01% or $0.0049 during the last trading session, reaching $60.9549. About 4,425 shares traded. PowerShares DWA Industrials Momentum ETF (NASDAQ:PRN) has risen 13.97% since January 3, 2017 and is uptrending. It has underperformed by 2.73% the S&P500.

Daiwa Securities Group Inc. holds 1.46% of its portfolio in Sunstone Hotel Investors, Inc. for 13.29 million shares. Cohen & Steers Inc owns 21.51 million shares or 0.94% of their US portfolio. Moreover, Adelante Capital Management Llc has 0.9% invested in the company for 1.02 million shares. The Illinois-based Evanston Investments Inc. Dba Evanston Advisors has invested 0.78% in the stock. Cbre Clarion Securities Llc, a Pennsylvania-based fund reported 4.24 million shares.

The stock increased 0.97% or $0.16 during the last trading session, reaching $16.69. About 2.04 million shares traded or 38.28% up from the average. Sunstone Hotel Investors, Inc. (SHO) has risen 34.87% since January 3, 2017 and is uptrending. It has outperformed by 18.17% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $308,267 activity.