Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by SPC Financial Inc.

SPC Financial Inc. lessened its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,830 shares of the company’s stock after selling 545 shares during the quarter. SPC Financial Inc.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $412,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PDP. Keener Financial Planning LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the fourth quarter worth about $27,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the third quarter worth about $83,000. Silver Oak Securities Incorporated raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 468.6% in the fourth quarter. Silver Oak Securities Incorporated now owns 1,177 shares of the company’s stock worth $128,000 after purchasing an additional 970 shares during the last quarter. Allworth Financial LP raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 15.2% in the fourth quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock worth $154,000 after purchasing an additional 175 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 124.8% in the fourth quarter. Jones Financial Companies Lllp now owns 1,792 shares of the company’s stock worth $193,000 after purchasing an additional 995 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Up 1.1 %

Shares of NASDAQ:PDP opened at $104.26 on Thursday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $89.93 and a 52-week high of $117.67. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 32.44 and a beta of 1.02. The business has a 50-day moving average price of $111.14 and a 200-day moving average price of $108.23.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given 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.