Truist Financial Corp Buys 3,090 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Truist Financial Corp lifted its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 11.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,558 shares of the company’s stock after purchasing an additional 3,090 shares during the period. Truist Financial Corp owned 0.24% of Invesco Dorsey Wright Momentum ETF worth $3,181,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Allworth Financial LP raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 15.2% during the 4th quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock worth $154,000 after purchasing an additional 175 shares in the last quarter. Lord & Richards Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $464,000. G&S Capital LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 8.8% during the 4th quarter. G&S Capital LLC now owns 24,977 shares of the company’s stock worth $2,688,000 after acquiring an additional 2,023 shares during the last quarter. MGB Wealth Management LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 11.2% during the 4th quarter. MGB Wealth Management LLC now owns 18,896 shares of the company’s stock worth $2,033,000 after acquiring an additional 1,900 shares during the last quarter. Finally, Keener Financial Planning LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $27,000.

Invesco Dorsey Wright Momentum ETF Trading Down 1.0 %

PDP stock opened at $107.68 on Tuesday. The firm has a market capitalization of $1.32 billion, a PE ratio of 32.44 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 1-year low of $89.93 and a 1-year high of $117.67. The business’s 50 day simple moving average is $111.61 and its 200 day simple moving average is $107.87.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.1344 per share. 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.