D.A. Davidson & CO. Sells 1,679 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

D.A. Davidson & CO. decreased its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 21,967 shares of the company’s stock after selling 1,679 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $1,878,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PDP. International Assets Investment Management LLC bought a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $3,566,000. EP Wealth Advisors LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 216.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 38,630 shares of the company’s stock valued at $2,974,000 after acquiring an additional 26,430 shares in the last quarter. LPL Financial LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 12.8% in the 3rd quarter. LPL Financial LLC now owns 221,567 shares of the company’s stock valued at $17,058,000 after acquiring an additional 25,209 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at $1,777,000. Finally, Gateway Advisory LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 9.6% in the 4th quarter. Gateway Advisory LLC now owns 206,002 shares of the company’s stock valued at $17,611,000 after acquiring an additional 18,052 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Up 1.2 %

NASDAQ:PDP opened at $98.45 on Friday. The company has a fifty day moving average of $96.02 and a 200-day moving average of $89.98. The firm has a market capitalization of $1.27 billion, a P/E ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a twelve month low of $72.68 and a twelve month high of $99.60.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.0275 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.11 annualized dividend and a dividend yield of 0.11%.

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.