D.A. Davidson & CO. Grows Stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

D.A. Davidson & CO. lifted its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,076 shares of the company’s stock after purchasing an additional 1,427 shares during the period. D.A. Davidson & CO. owned about 0.19% of Invesco Dorsey Wright Momentum ETF worth $2,483,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Win Advisors Inc. purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $3,879,000. Financial Management Professionals Inc. purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $2,430,000. Benjamin Edwards Inc. purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at about $1,102,000. Ibex Wealth Advisors purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $892,000. Finally, Calton & Associates Inc. grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 102.8% in the 4th quarter. Calton & Associates Inc. now owns 14,262 shares of the company’s stock valued at $1,535,000 after buying an additional 7,228 shares during the period.

Invesco Dorsey Wright Momentum ETF Price Performance

Invesco Dorsey Wright Momentum ETF stock opened at $108.80 on Friday. The firm has a 50 day simple moving average of $111.74 and a 200-day simple moving average of $107.57. Invesco Dorsey Wright Momentum ETF has a 1-year low of $89.93 and a 1-year high of $117.67. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 32.44 and a beta of 1.09.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders 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 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.