Commonwealth Equity Services LLC Sells 22,061 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Commonwealth Equity Services LLC trimmed its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 5.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 392,556 shares of the company’s stock after selling 22,061 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $42,243,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PDP. Keener Financial Planning LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $27,000. Wilmington Savings Fund Society FSB purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at about $83,000. Silver Oak Securities Incorporated grew its position in Invesco Dorsey Wright Momentum ETF by 468.6% during the 4th 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. Farther Finance Advisors LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $144,000. Finally, Allworth Financial LP boosted its holdings 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 valued at $154,000 after acquiring an additional 175 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Up 3.1 %

Shares of NASDAQ PDP opened at $99.94 on Friday. The firm’s 50-day moving average price is $109.81 and its 200-day moving average price is $108.08. The company has a market cap of $1.23 billion, a PE ratio of 27.62 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 52-week low of $89.93 and a 52-week high of $117.67.

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 issued a dividend of $0.1344 per share. 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.