Capital Wealth Alliance LLC Invests $478,000 in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Capital Wealth Alliance LLC acquired a new position in 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 and Exchange Commission (SEC). The fund acquired 4,436 shares of the company’s stock, valued at approximately $478,000.

Several other large investors have also added to or reduced their stakes in the business. HighTower Advisors LLC lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 3.5% in the third quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock valued at $410,000 after buying an additional 133 shares during the last quarter. PFG Investments LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.9% in the third quarter. PFG Investments LLC now owns 24,275 shares of the company’s stock valued at $2,507,000 after purchasing an additional 205 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco Dorsey Wright Momentum ETF by 0.4% in the third 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 period. Creative Planning lifted its stake in shares of Invesco Dorsey Wright Momentum ETF by 7.2% during the 3rd quarter. Creative Planning now owns 5,921 shares of the company’s stock worth $611,000 after buying an additional 396 shares during the last quarter. Finally, Realta Investment Advisors boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 15.8% during the 4th quarter. Realta Investment Advisors now owns 2,965 shares of the company’s stock worth $325,000 after buying an additional 405 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP opened at $115.26 on Tuesday. The firm has a market cap of $1.42 billion, a P/E ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 52 week low of $89.46 and a 52 week high of $117.67. The firm’s 50-day simple moving average is $111.93 and its 200 day simple moving average is $106.57.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors 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 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.