Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Holdings Trimmed by Raymond James & Associates

Raymond James & Associates trimmed its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 578,526 shares of the company’s stock after selling 17,507 shares during the period. Raymond James & Associates owned about 4.41% of Invesco Dorsey Wright Momentum ETF worth $49,458,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. FMR LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 2.7% during the third quarter. FMR LLC now owns 5,500 shares of the company’s stock valued at $423,000 after purchasing an additional 142 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Invesco Dorsey Wright Momentum ETF by 1.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,761 shares of the company’s stock worth $694,000 after acquiring an additional 166 shares in the last quarter. Brookstone Capital Management lifted its stake in Invesco Dorsey Wright Momentum ETF by 6.4% in the 4th quarter. Brookstone Capital Management now owns 2,896 shares of the company’s stock worth $248,000 after acquiring an additional 175 shares in the last quarter. Creative Planning lifted its stake in Invesco Dorsey Wright Momentum ETF by 2.4% in the 2nd quarter. Creative Planning now owns 7,509 shares of the company’s stock worth $511,000 after acquiring an additional 175 shares in the last quarter. Finally, Harbour Investments Inc. lifted its stake in Invesco Dorsey Wright Momentum ETF by 44.3% in the 1st quarter. Harbour Investments Inc. now owns 577 shares of the company’s stock worth $44,000 after acquiring an additional 177 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Up 0.5 %

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $98.77 on Thursday. The stock has a 50-day moving average price of $92.78 and a 200 day moving average price of $84.44. The company has a market cap of $1.29 billion, a P/E ratio of 14.52 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 1 year low of $72.68 and a 1 year high of $99.60.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.0275 dividend. This represents a $0.11 annualized dividend and a yield of 0.11%. The ex-dividend date of this dividend was Monday, March 18th.

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.