Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated raised its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 468.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,177 shares of the company’s stock after buying an additional 970 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Invesco Dorsey Wright Momentum ETF were worth $128,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in Invesco Dorsey Wright Momentum ETF during the third quarter worth approximately $83,000. Affinity Wealth Management LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $200,000. Trueblood Wealth Management LLC purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF in the third quarter valued at $203,000. CWC Advisors LLC. acquired a new position in Invesco Dorsey Wright Momentum ETF in the third quarter valued at $207,000. Finally, Tallon Kerry Patrick purchased a new position in Invesco Dorsey Wright Momentum ETF during the fourth quarter worth about $216,000.

Invesco Dorsey Wright Momentum ETF Price Performance

PDP opened at $114.41 on Monday. Invesco Dorsey Wright Momentum ETF has a 12 month low of $89.46 and a 12 month high of $117.67. The business has a 50-day moving average of $111.95 and a two-hundred day moving average of $106.43. 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 Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.1344 per share. The ex-dividend date was Monday, December 23rd.

Invesco Dorsey Wright Momentum ETF Company 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.