4,051 Shares in Invesco Dorsey Wright Momentum ETF $PDP Acquired by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC purchased a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the second quarter, Holdings Channel reports. The fund purchased 4,051 shares of the company’s stock, valued at approximately $440,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PDP. IFP Advisors Inc grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 2.4% in the first quarter. IFP Advisors Inc now owns 4,746 shares of the company’s stock worth $474,000 after purchasing an additional 113 shares during the last quarter. Focus Financial Network Inc. boosted its position in Invesco Dorsey Wright Momentum ETF by 1.8% during the 2nd quarter. Focus Financial Network Inc. now owns 7,418 shares of the company’s stock valued at $806,000 after buying an additional 129 shares during the period. Benjamin Edwards Inc. grew its holdings in Invesco Dorsey Wright Momentum ETF by 2.3% in the 1st quarter. Benjamin Edwards Inc. now owns 10,220 shares of the company’s stock worth $1,022,000 after acquiring an additional 230 shares during the last quarter. Red Tortoise LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at about $27,000. Finally, Jones Financial Companies Lllp raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 14.7% during the first quarter. Jones Financial Companies Lllp now owns 2,056 shares of the company’s stock valued at $206,000 after acquiring an additional 264 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Up 0.7%

Invesco Dorsey Wright Momentum ETF stock opened at $117.18 on Friday. The firm has a market cap of $1.33 billion, a P/E ratio of 28.67 and a beta of 1.13. Invesco Dorsey Wright Momentum ETF has a 1-year low of $86.41 and a 1-year high of $123.91. The firm has a 50-day moving average of $117.61 and a 200-day moving average of $110.98.

Invesco Dorsey Wright Momentum ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a $0.1134 dividend. This is an increase from Invesco Dorsey Wright Momentum ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, September 22nd. This represents a $0.45 annualized dividend and a yield of 0.4%.

Invesco Dorsey Wright Momentum ETF Company 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.