Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. boosted its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 206.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 594 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $64,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in PDP. Raymond James Financial Inc. acquired a new position in Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $80,482,000. Janney Montgomery Scott LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 3.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 181,672 shares of the company’s stock valued at $19,550,000 after acquiring an additional 6,302 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Invesco Dorsey Wright Momentum ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 84,083 shares of the company’s stock worth $8,682,000 after purchasing an additional 329 shares during the period. Tradition Wealth Management LLC increased its holdings in Invesco Dorsey Wright Momentum ETF by 3.0% in the 3rd quarter. Tradition Wealth Management LLC now owns 64,263 shares of the company’s stock valued at $6,636,000 after purchasing an additional 1,862 shares in the last quarter. Finally, Win Advisors Inc. acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at $3,879,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of PDP opened at $104.99 on Tuesday. Invesco Dorsey Wright Momentum ETF has a 12 month low of $89.93 and a 12 month high of $117.67. The stock’s 50-day moving average is $108.82 and its two-hundred day moving average is $108.30. The stock has a market cap of $1.29 billion, a PE ratio of 27.62 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.0458 dividend. The ex-dividend date is Monday, March 24th.

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.