Global Retirement Partners LLC Buys 17,766 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Global Retirement Partners LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 9,603.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 17,951 shares of the company’s stock after purchasing an additional 17,766 shares during the quarter. Global Retirement Partners LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $1,932,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PDP. Win Advisors Inc. bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at approximately $3,879,000. Financial Management Professionals Inc. bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at approximately $2,430,000. Benjamin Edwards Inc. purchased a new position in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at $1,102,000. Ibex Wealth Advisors purchased a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at $892,000. Finally, Calton & Associates Inc. boosted its holdings in Invesco Dorsey Wright Momentum ETF by 102.8% during the 4th quarter. Calton & Associates Inc. now owns 14,262 shares of the company’s stock valued at $1,535,000 after acquiring an additional 7,228 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Down 2.1 %

PDP opened at $112.90 on Friday. The business has a fifty day moving average of $111.83 and a 200 day moving average of $107.46. Invesco Dorsey Wright Momentum ETF has a 52-week low of $89.93 and a 52-week high of $117.67. The stock has a market cap of $1.38 billion, a P/E ratio of 32.44 and a beta of 1.09.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently disclosed 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.