Flow Traders U.S. LLC Has $2.24 Million Stock Position in Invesco Dorsey Wright Momentum ETF $PDP

Flow Traders U.S. LLC boosted its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 83.7% during the second quarter, Holdings Channel reports. The fund owned 20,615 shares of the company’s stock after acquiring an additional 9,393 shares during the period. Flow Traders U.S. LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $2,239,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PDP. Red Tortoise LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the second quarter worth approximately $27,000. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at approximately $114,000. Assetmark Inc. bought a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter worth approximately $193,000. Trueblood Wealth Management LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the 2nd quarter worth $207,000. Finally, Mirador Capital Partners LP bought a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at $217,000.

Invesco Dorsey Wright Momentum ETF Stock Performance

NASDAQ PDP opened at $118.70 on Monday. The stock has a fifty day moving average of $117.67 and a 200-day moving average of $112.81. The stock has a market capitalization of $1.34 billion, a P/E ratio of 28.67 and a beta of 1.13. Invesco Dorsey Wright Momentum ETF has a 52 week low of $86.41 and a 52 week high of $123.91.

Invesco Dorsey Wright Momentum ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a $0.1134 dividend. This is a positive change from Invesco Dorsey Wright Momentum ETF’s previous quarterly dividend of $0.04. This represents a $0.45 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 22nd.

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.