Commonwealth Equity Services LLC Has $42.24 Million Stock Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Commonwealth Equity Services LLC trimmed its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 392,556 shares of the company’s stock after selling 22,061 shares during the quarter. Commonwealth Equity Services LLC owned about 3.20% of Invesco Dorsey Wright Momentum ETF worth $42,243,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at about $144,000. Sowell Financial Services LLC grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.0% during the fourth quarter. Sowell Financial Services LLC now owns 11,543 shares of the company’s stock valued at $1,242,000 after buying an additional 110 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at about $80,482,000. Kelly Financial Group LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at about $1,863,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 124.8% during the fourth quarter. Jones Financial Companies Lllp now owns 1,792 shares of the company’s stock valued at $193,000 after buying an additional 995 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ PDP opened at $99.94 on Friday. The stock has a market capitalization of $1.23 billion, a P/E ratio of 27.62 and a beta of 1.02. The company has a 50-day moving average price of $109.81 and a 200-day moving average price of $108.08. Invesco Dorsey Wright Momentum ETF has a 1 year low of $89.93 and a 1 year high of $117.67.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.1344 per share. The ex-dividend date was Monday, December 23rd.

Invesco Dorsey Wright Momentum ETF Company Profile

PowerShares DWA Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Technical Leaders Index (the Index). The Fund seeks investment results that generally correspond to the price and yield of the Index. The Fund will normally invest at least 90% of its total assets in securities that consists of the Index and American Depositary Receipts (ADRs) based on the securities in the Index.