Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Holdings Reduced by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC decreased its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 88.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 600 shares of the company’s stock after selling 4,683 shares during the period. Tower Research Capital LLC TRC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $51,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in Invesco Dorsey Wright Momentum ETF by 4.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 447,377 shares of the company’s stock worth $34,444,000 after purchasing an additional 20,556 shares during the last quarter. UBS Group AG boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 7.9% in the fourth quarter. UBS Group AG now owns 241,489 shares of the company’s stock valued at $20,645,000 after acquiring an additional 17,597 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 12.8% in the third quarter. LPL Financial LLC now owns 221,567 shares of the company’s stock valued at $17,058,000 after acquiring an additional 25,209 shares in the last quarter. Gateway Advisory LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 9.6% in the fourth quarter. Gateway Advisory LLC now owns 206,002 shares of the company’s stock valued at $17,611,000 after acquiring an additional 18,052 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 9.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 151,255 shares of the company’s stock valued at $11,645,000 after acquiring an additional 12,503 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Momentum ETF stock traded down $1.89 on Tuesday, hitting $92.58. The company had a trading volume of 20,587 shares, compared to its average volume of 25,916. The business has a 50-day simple moving average of $95.60 and a 200-day simple moving average of $87.32. The company has a market cap of $1.19 billion, a PE ratio of 25.02 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 52 week low of $72.68 and a 52 week high of $99.60.

Invesco Dorsey Wright Momentum ETF Announces Dividend

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

About Invesco Dorsey Wright Momentum ETF

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.