41,708 Shares in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 41,708 shares of the company’s stock, valued at approximately $3,566,000.

Several other institutional investors and hedge funds have also bought and sold shares of PDP. JPMorgan Chase & Co. lifted its stake in Invesco Dorsey Wright Momentum ETF by 2.2% during the 1st quarter. JPMorgan Chase & Co. now owns 92,923 shares of the company’s stock valued at $7,529,000 after acquiring an additional 1,960 shares during the period. PNC Financial Services Group Inc. lifted its stake in Invesco Dorsey Wright Momentum ETF by 23.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,781 shares of the company’s stock valued at $387,000 after acquiring an additional 923 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 14.6% during the 1st quarter. NewEdge Advisors LLC now owns 211,170 shares of the company’s stock valued at $17,109,000 after purchasing an additional 26,842 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF during the 1st quarter valued at approximately $697,000. Finally, Fort Point Capital Partners LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 5.2% during the 1st quarter. Fort Point Capital Partners LLC now owns 19,893 shares of the company’s stock valued at $1,612,000 after purchasing an additional 980 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

NASDAQ:PDP opened at $92.78 on Thursday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 25.46 and a beta of 1.02. The company has a 50 day moving average price of $95.37 and a 200-day moving average price of $86.35. Invesco Dorsey Wright Momentum ETF has a 1-year low of $72.68 and a 1-year high of $99.60.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.0275 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Monday, March 18th.

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.