Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Holdings Decreased by Salomon & Ludwin LLC

Salomon & Ludwin LLC decreased its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,144 shares of the company’s stock after selling 161 shares during the quarter. Salomon & Ludwin LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $123,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter valued at about $27,000. Wilmington Savings Fund Society FSB purchased a new position in Invesco Dorsey Wright Momentum ETF in the third quarter valued at about $83,000. Silver Oak Securities Incorporated grew its stake in 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 valued at $128,000 after purchasing an additional 970 shares in the last quarter. Affinity Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter valued at about $200,000. Finally, Trueblood Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the third quarter valued at about $203,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ PDP opened at $115.85 on Friday. The business’s 50-day moving average price is $111.73 and its two-hundred day moving average price is $106.93. Invesco Dorsey Wright Momentum ETF has a one year low of $89.93 and a one year high of $117.67. The company has a market capitalization of $1.42 billion, a P/E ratio of 26.00 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid 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.