Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in Invesco Dorsey Wright Momentum ETF $PDP

Wealth Enhancement Advisory Services LLC decreased its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 2.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,237 shares of the company’s stock after selling 2,034 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.85% of Invesco Dorsey Wright Momentum ETF worth $10,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Costello Asset Management INC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the first quarter worth about $63,000. WealthShield Partners LLC purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF during the first quarter valued at about $70,000. Allworth Financial LP lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 21.6% during the first quarter. Allworth Financial LP now owns 1,615 shares of the company’s stock valued at $160,000 after buying an additional 287 shares during the last quarter. Mirador Capital Partners LP purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at approximately $217,000. Finally, Jones Financial Companies Lllp raised its position in shares of Invesco Dorsey Wright Momentum ETF by 14.7% in the 1st quarter. Jones Financial Companies Lllp now owns 2,056 shares of the company’s stock valued at $206,000 after purchasing an additional 264 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Up 0.3%

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $117.76 on Tuesday. The firm has a market capitalization of $1.37 billion, a P/E ratio of 28.67 and a beta of 1.02. The company has a 50 day moving average price of $112.48 and a 200 day moving average price of $105.90. Invesco Dorsey Wright Momentum ETF has a 52 week low of $86.41 and a 52 week high of $117.77.

Invesco Dorsey Wright Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Monday, September 22nd will be issued a $0.1134 dividend. This is a boost from Invesco Dorsey Wright Momentum ETF’s previous quarterly dividend of $0.04. The ex-dividend date is 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.