Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated increased its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 468.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,177 shares of the company’s stock after purchasing an additional 970 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco Dorsey Wright Momentum ETF were worth $128,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of PDP. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the third quarter valued at about $83,000. Affinity Wealth Management LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $200,000. Trueblood Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $203,000. CWC Advisors LLC. acquired a new stake in Invesco Dorsey Wright Momentum ETF in the third quarter valued at approximately $207,000. Finally, Tallon Kerry Patrick purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $216,000.

Invesco Dorsey Wright Momentum ETF Trading Down 0.4 %

Shares of PDP stock opened at $114.41 on Monday. The firm has a fifty day simple moving average of $111.95 and a 200-day simple moving average of $106.43. The company has a market capitalization of $1.40 billion, a PE ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a twelve month low of $89.46 and a twelve month high of $117.67.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

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