Journey Strategic Wealth LLC lowered its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,554 shares of the company’s stock after selling 351 shares during the period. Journey Strategic Wealth LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $382,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter valued at approximately $83,000. Affinity Wealth Management LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter worth $200,000. Trueblood Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the third quarter valued at $203,000. CWC Advisors LLC. bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at $207,000. Finally, Tallon Kerry Patrick purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter worth about $216,000.
Invesco Dorsey Wright Momentum ETF Price Performance
Shares of Invesco Dorsey Wright Momentum ETF stock opened at $112.36 on Monday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $86.81 and a 1 year high of $117.67. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The company has a 50-day moving average of $112.22 and a 200 day moving average of $105.88.
Invesco Dorsey Wright Momentum ETF Dividend Announcement
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.
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