Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC cut its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,583 shares of the company’s stock after selling 165 shares during the period. Invesco Dorsey Wright Momentum ETF comprises approximately 0.8% of MorganRosel Wealth Management LLC’s holdings, making the stock its 28th biggest position. MorganRosel Wealth Management LLC owned 0.18% of Invesco Dorsey Wright Momentum ETF worth $2,430,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Creative Planning lifted its position in Invesco Dorsey Wright Momentum ETF by 7.2% in the 3rd quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after purchasing an additional 396 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of Invesco Dorsey Wright Momentum ETF by 112.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 10,227 shares of the company’s stock worth $1,056,000 after buying an additional 5,416 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Invesco Dorsey Wright Momentum ETF by 0.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 175,370 shares of the company’s stock worth $18,109,000 after buying an additional 886 shares in the last quarter. LJI Wealth Management LLC raised its position in shares of Invesco Dorsey Wright Momentum ETF by 0.6% during the 3rd quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock worth $9,563,000 after buying an additional 583 shares in the last quarter. Finally, Nwam LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth about $415,000.

Invesco Dorsey Wright Momentum ETF Trading Down 1.0 %

PDP stock opened at $107.68 on Tuesday. The firm’s 50-day moving average is $111.61 and its two-hundred day moving average is $107.87. Invesco Dorsey Wright Momentum ETF has a 52 week low of $89.93 and a 52 week high of $117.67. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 32.44 and a beta of 1.02.

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 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.