Stratos Wealth Partners LTD. Boosts Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Stratos Wealth Partners LTD. raised its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,376 shares of the company’s stock after buying an additional 406 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. HighTower Advisors LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 3.5% in the 3rd quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock worth $410,000 after acquiring an additional 133 shares during the last quarter. PFG Investments LLC increased its position in Invesco Dorsey Wright Momentum ETF by 0.9% in the third quarter. PFG Investments LLC now owns 24,275 shares of the company’s stock worth $2,507,000 after purchasing an additional 205 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Invesco Dorsey Wright Momentum ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 84,083 shares of the company’s stock valued at $8,682,000 after purchasing an additional 329 shares in the last quarter. Creative Planning lifted its position in Invesco Dorsey Wright Momentum ETF by 7.2% during the third quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after purchasing an additional 396 shares during the last quarter. Finally, LJI Wealth Management LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.6% in the 3rd quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock worth $9,563,000 after buying an additional 583 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Down 1.0 %

Shares of NASDAQ PDP opened at $114.05 on Wednesday. Invesco Dorsey Wright Momentum ETF has a 12-month low of $89.46 and a 12-month high of $117.67. The firm’s 50-day moving average price is $111.88 and its 200-day moving average price is $106.69. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02.

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 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.