Realta Investment Advisors Buys 405 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Realta Investment Advisors boosted its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 15.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,965 shares of the company’s stock after purchasing an additional 405 shares during the period. Realta Investment Advisors’ holdings in Invesco Dorsey Wright Momentum ETF were worth $325,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PDP. Sanctuary Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter worth $597,000. Private Advisory Group LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 1.5% in the third quarter. Private Advisory Group LLC now owns 9,650 shares of the company’s stock worth $996,000 after purchasing an additional 142 shares during the last quarter. Creative Planning grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 7.2% during the 3rd quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after purchasing an additional 396 shares during the period. Raymond James & Associates increased its position in shares of Invesco Dorsey Wright Momentum ETF by 1.4% during the 3rd quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock valued at $61,454,000 after purchasing an additional 7,932 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at about $329,000.

Invesco Dorsey Wright Momentum ETF Trading Down 0.4 %

PDP opened at $114.41 on Friday. Invesco Dorsey Wright Momentum ETF has a 12-month low of $89.46 and a 12-month high of $117.67. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The company’s 50 day moving average is $111.95 and its 200 day moving average is $106.31.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1344 dividend. The ex-dividend date of this dividend 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.