JPMorgan Chase & Co. Buys 329 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

JPMorgan Chase & Co. boosted its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 84,083 shares of the company’s stock after acquiring an additional 329 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $8,682,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PDP. NewEdge Advisors LLC lifted its position in Invesco Dorsey Wright Momentum ETF by 20.2% during the 2nd quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock valued at $10,217,000 after purchasing an additional 17,563 shares during the period. Benjamin Edwards Inc. acquired a new position in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at about $1,102,000. Raymond James & Associates lifted its position in Invesco Dorsey Wright Momentum ETF by 1.4% during the 3rd quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock valued at $61,454,000 after purchasing an additional 7,932 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at approximately $597,000. Finally, Arkadios Wealth Advisors raised its position in shares of Invesco Dorsey Wright Momentum ETF by 112.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 10,227 shares of the company’s stock valued at $1,056,000 after acquiring an additional 5,416 shares during the period.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ:PDP opened at $106.95 on Tuesday. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The firm’s 50 day simple moving average is $111.94 and its 200 day simple moving average is $104.46. Invesco Dorsey Wright Momentum ETF has a fifty-two week low of $83.91 and a fifty-two week high of $117.67.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

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

About Invesco Dorsey Wright Momentum ETF

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.