BankPlus Trust Department Makes New Investment in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

BankPlus Trust Department acquired a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,832 shares of the company’s stock, valued at approximately $197,000.

Other large investors have also recently added to or reduced their stakes in the company. Keener Financial Planning LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the third quarter valued at approximately $83,000. Silver Oak Securities Incorporated grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 468.6% during the fourth quarter. Silver Oak Securities Incorporated now owns 1,177 shares of the company’s stock valued at $128,000 after purchasing an additional 970 shares during the last quarter. Allworth Financial LP grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 15.2% during the fourth quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock valued at $154,000 after purchasing an additional 175 shares during the last quarter. Finally, Affinity Wealth Management LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $200,000.

Invesco Dorsey Wright Momentum ETF Price Performance

PDP opened at $107.68 on Tuesday. Invesco Dorsey Wright Momentum ETF has a one year low of $89.93 and a one year high of $117.67. The company’s 50 day simple moving average is $111.61 and its 200-day simple moving average is $107.87. The stock has a market capitalization of $1.32 billion, a P/E ratio of 32.44 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. Stockholders of record on Monday, December 23rd were paid 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.