Stephens Inc. AR Sells 626 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Stephens Inc. AR decreased its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,682 shares of the company’s stock after selling 626 shares during the quarter. Stephens Inc. AR’s holdings in Invesco Dorsey Wright Momentum ETF were worth $934,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Creative Planning lifted its position in Invesco Dorsey Wright Momentum ETF by 7.2% in the 3rd quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after acquiring an additional 396 shares in the last quarter. Raymond James & Associates lifted 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 worth $61,454,000 after buying an additional 7,932 shares in the last quarter. Global Assets Advisory LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $329,000. Trueblood Wealth Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the third quarter valued at approximately $203,000. Finally, CWC Advisors LLC. purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF during the third quarter valued at approximately $207,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ:PDP opened at $115.45 on Friday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $89.93 and a 1 year high of $117.67. The company has a market capitalization of $1.42 billion, a PE ratio of 26.00 and a beta of 1.02. The business has a fifty day moving average price of $111.76 and a two-hundred day moving average price of $106.80.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given 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.