Transform Wealth LLC Takes Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Transform Wealth LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,348 shares of the company’s stock, valued at approximately $253,000.

A number of other large investors have also added to or reduced their stakes in the business. FMR LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 10.7% during the third quarter. FMR LLC now owns 6,953 shares of the company’s stock worth $718,000 after purchasing an additional 671 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 84,083 shares of the company’s stock worth $8,682,000 after buying an additional 329 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 3.5% during the 3rd quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock worth $410,000 after buying an additional 133 shares during the period. Sanctuary Advisors LLC acquired a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at about $597,000. Finally, Merit Financial Group LLC raised its holdings in Invesco Dorsey Wright Momentum ETF by 39.6% in the 4th quarter. Merit Financial Group LLC now owns 12,178 shares of the company’s stock valued at $1,310,000 after acquiring an additional 3,453 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Up 1.9 %

Shares of NASDAQ:PDP opened at $114.86 on Wednesday. Invesco Dorsey Wright Momentum ETF has a 12-month low of $86.56 and a 12-month high of $117.67. The business has a 50 day moving average of $112.10 and a 200-day moving average of $105.10. The stock has a market cap of $1.41 billion, a PE ratio of 26.00 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The firm 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.