Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 124.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,792 shares of the company’s stock after purchasing an additional 995 shares during the period. Jones Financial Companies Lllp’s holdings in Invesco Dorsey Wright Momentum ETF were worth $193,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Keener Financial Planning LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter worth approximately $27,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $83,000. Silver Oak Securities Incorporated grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 468.6% in the 4th quarter. Silver Oak Securities Incorporated now owns 1,177 shares of the company’s stock worth $128,000 after purchasing an additional 970 shares during the last quarter. Allworth Financial LP grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 15.2% in the 4th quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock worth $154,000 after purchasing an additional 175 shares during the last quarter. Finally, BankPlus Trust Department acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter worth approximately $197,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of PDP opened at $96.95 on Friday. The firm’s 50 day moving average is $110.03 and its 200-day moving average is $108.16. The stock has a market capitalization of $1.19 billion, a P/E ratio of 27.62 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 12-month low of $89.93 and a 12-month high of $117.67.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1344 dividend. 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.