Steward Partners Investment Advisory LLC Has $1.69 Million Stock Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Steward Partners Investment Advisory LLC cut its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,657 shares of the company’s stock after selling 1,504 shares during the period. Steward Partners Investment Advisory LLC owned approximately 0.13% of Invesco Dorsey Wright Momentum ETF worth $1,685,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Keener Financial Planning LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $27,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Dorsey Wright Momentum ETF during the third quarter valued at $83,000. Silver Oak Securities Incorporated grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 468.6% during the fourth quarter. Silver Oak Securities Incorporated now owns 1,177 shares of the company’s stock valued at $128,000 after buying an additional 970 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 15.2% during the fourth quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock valued at $154,000 after buying an additional 175 shares in the last quarter. 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 in the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Up 0.4 %

Shares of PDP stock opened at $100.67 on Friday. Invesco Dorsey Wright Momentum ETF has a 1-year low of $89.93 and a 1-year high of $117.67. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 32.44 and a beta of 1.02. The stock’s fifty day simple moving average is $110.62 and its 200-day simple moving average is $108.22.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently declared 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.