Ibex Wealth Advisors Purchases Shares of 8,288 Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Ibex Wealth Advisors acquired a new stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the fourth quarter, Holdings Channel reports. The firm acquired 8,288 shares of the company’s stock, valued at approximately $892,000.

A number of other institutional investors have also recently made changes to their positions in PDP. NewEdge Advisors LLC grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 20.2% in the second quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock valued at $10,217,000 after purchasing an additional 17,563 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at approximately $597,000. Private Advisory Group LLC grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.5% in the third quarter. Private Advisory Group LLC now owns 9,650 shares of the company’s stock valued at $996,000 after purchasing an additional 142 shares in the last quarter. Creative Planning grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 7.2% in the third quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after purchasing an additional 396 shares in the last quarter. Finally, Raymond James & Associates grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.4% in the third quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock valued at $61,454,000 after purchasing an additional 7,932 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of PDP stock traded up $0.13 during trading on Wednesday, reaching $112.11. The company’s stock had a trading volume of 697 shares, compared to its average volume of 19,805. Invesco Dorsey Wright Momentum ETF has a 1-year low of $86.81 and a 1-year high of $117.67. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The stock’s 50-day moving average price is $112.32 and its 200 day moving average price is $105.61.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1344 per share. The ex-dividend date of this dividend 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.