Jane Street Group LLC Has $308,000 Stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Jane Street Group LLC lessened its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 76.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,984 shares of the company’s stock after selling 9,514 shares during the quarter. Jane Street Group LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $308,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PDP. HighTower Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 3.5% during the third quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock valued at $410,000 after acquiring an additional 133 shares during the period. Benjamin Edwards Inc. bought a new position in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at about $1,102,000. Tradition Wealth Management LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 3.0% in the third quarter. Tradition Wealth Management LLC now owns 64,263 shares of the company’s stock valued at $6,636,000 after buying an additional 1,862 shares in the last quarter. FMR LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 10.7% in the third quarter. FMR LLC now owns 6,953 shares of the company’s stock valued at $718,000 after buying an additional 671 shares in the last quarter. Finally, Estate Counselors LLC bought a new stake in Invesco Dorsey Wright Momentum ETF during the third quarter worth about $356,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of PDP opened at $109.10 on Friday. The company has a market capitalization of $1.34 billion, a P/E ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a one year low of $83.16 and a one year high of $117.67. The business’s 50 day simple moving average is $111.86 and its 200-day simple moving average is $104.31.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1344 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco Dorsey Wright Momentum ETF

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.