Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 6.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 23,076 shares of the company’s stock after acquiring an additional 1,427 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $2,483,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PDP. Creative Planning lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 7.2% in the 3rd quarter. Creative Planning now owns 5,921 shares of the company’s stock worth $611,000 after acquiring an additional 396 shares during the last quarter. Trueblood Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $203,000. CWC Advisors LLC. acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $207,000. Arkadios Wealth Advisors lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 112.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 10,227 shares of the company’s stock worth $1,056,000 after acquiring an additional 5,416 shares during the last quarter. Finally, PFG Investments LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.9% in the 3rd quarter. PFG Investments LLC now owns 24,275 shares of the company’s stock worth $2,507,000 after acquiring an additional 205 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP stock opened at $108.80 on Friday. The firm’s 50 day moving average price is $111.74 and its 200-day moving average price is $107.57. Invesco Dorsey Wright Momentum ETF has a one year low of $89.93 and a one year high of $117.67. The firm has a market cap of $1.33 billion, a P/E ratio of 32.44 and a beta of 1.09.

Invesco Dorsey Wright Momentum ETF Announces Dividend

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

Invesco Dorsey Wright Momentum ETF 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.