JBR Co Financial Management Inc Buys 114 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

JBR Co Financial Management Inc grew its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,596 shares of the company’s stock after acquiring an additional 114 shares during the quarter. Invesco Dorsey Wright Momentum ETF comprises approximately 2.1% of JBR Co Financial Management Inc’s investment portfolio, making the stock its 10th largest holding. JBR Co Financial Management Inc owned about 0.27% of Invesco Dorsey Wright Momentum ETF worth $3,508,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC increased its holdings in Invesco Dorsey Wright Momentum ETF by 3.5% in 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. Allworth Financial LP increased its holdings in Invesco Dorsey Wright Momentum ETF by 15.2% in the 4th quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock worth $154,000 after buying an additional 175 shares during the period. PFG Investments LLC increased its holdings in Invesco Dorsey Wright Momentum ETF by 0.9% in the 3rd quarter. PFG Investments LLC now owns 24,275 shares of the company’s stock worth $2,507,000 after buying an additional 205 shares during the period. Keener Financial Planning LLC acquired a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter worth approximately $27,000. Finally, JPMorgan Chase & Co. increased its holdings in Invesco Dorsey Wright Momentum ETF by 0.4% in 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.

Invesco Dorsey Wright Momentum ETF Trading Down 3.6 %

Shares of NASDAQ:PDP opened at $108.80 on Friday. Invesco Dorsey Wright Momentum ETF has a twelve month low of $89.93 and a twelve month high of $117.67. The company’s 50 day moving average is $111.74 and its 200 day moving average is $107.67. The company has a market cap of $1.33 billion, a PE ratio of 32.44 and a beta of 1.09.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.1344 dividend. 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.