Kiker Wealth Management LLC Makes New $501,000 Investment in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Kiker Wealth Management LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,658 shares of the company’s stock, valued at approximately $501,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its holdings in Invesco Dorsey Wright Momentum ETF by 8.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 5,376 shares of the company’s stock worth $579,000 after purchasing an additional 406 shares in the last quarter. FMR LLC raised its position in Invesco Dorsey Wright Momentum ETF by 10.7% in the 3rd quarter. FMR LLC now owns 6,953 shares of the company’s stock valued at $718,000 after purchasing an additional 671 shares during the last quarter. JPMorgan Chase & Co. raised its position 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 valued at $8,682,000 after purchasing an additional 329 shares during the last quarter. HighTower Advisors LLC boosted its stake in Invesco Dorsey Wright Momentum ETF by 3.5% during the 3rd quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock worth $410,000 after purchasing an additional 133 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Invesco Dorsey Wright Momentum ETF by 124.8% during the 4th quarter. Jones Financial Companies Lllp now owns 1,792 shares of the company’s stock worth $193,000 after purchasing an additional 995 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

NASDAQ PDP opened at $101.64 on Friday. Invesco Dorsey Wright Momentum ETF has a one year low of $89.93 and a one year high of $117.67. The firm has a market cap of $1.25 billion, a PE ratio of 27.62 and a beta of 1.02. The firm’s fifty day moving average is $108.97 and its two-hundred day moving average is $108.10.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.1344 per share. 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.