Transform Wealth LLC Invests $253,000 in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Transform Wealth LLC bought a new stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 4th quarter, HoldingsChannel reports. The firm bought 2,348 shares of the company’s stock, valued at approximately $253,000.

A number of other institutional investors have also bought and sold shares of PDP. Wilmington Savings Fund Society FSB bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth about $83,000. Trueblood Wealth Management LLC bought a new stake in Invesco Dorsey Wright Momentum ETF in the third quarter worth approximately $203,000. CWC Advisors LLC. acquired a new position in Invesco Dorsey Wright Momentum ETF in the third quarter valued at approximately $207,000. Tallon Kerry Patrick acquired a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter valued at approximately $216,000. Finally, Global Assets Advisory LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth approximately $329,000.

Invesco Dorsey Wright Momentum ETF Stock Up 1.9 %

NASDAQ:PDP opened at $114.86 on Wednesday. Invesco Dorsey Wright Momentum ETF has a twelve month low of $86.56 and a twelve month high of $117.67. The company has a fifty day moving average of $112.10 and a 200-day moving average of $105.10. The firm has a market capitalization of $1.41 billion, a P/E ratio of 26.00 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Announces Dividend

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

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.