Bokf Na Reduces Stock Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Bokf Na lowered its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,431 shares of the company’s stock after selling 211 shares during the quarter. Bokf Na owned approximately 0.05% of Invesco Dorsey Wright Momentum ETF worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PDP. World Investment Advisors lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 12.6% during the 4th quarter. World Investment Advisors now owns 3,712 shares of the company’s stock valued at $399,000 after buying an additional 415 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in Invesco Dorsey Wright Momentum ETF by 8.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 5,376 shares of the company’s stock worth $579,000 after acquiring an additional 406 shares during the period. JPMorgan Chase & Co. lifted its holdings in Invesco Dorsey Wright Momentum ETF by 0.4% during 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 in the last quarter. Russell Investments Group Ltd. bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the fourth quarter worth approximately $32,000. Finally, Jones Financial Companies Lllp increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 124.8% in the fourth quarter. Jones Financial Companies Lllp now owns 1,792 shares of the company’s stock worth $193,000 after purchasing an additional 995 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

PDP opened at $101.99 on Friday. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. The firm’s fifty day moving average is $98.71 and its 200 day moving average is $106.98. Invesco Dorsey Wright Momentum ETF has a fifty-two week low of $86.41 and a fifty-two week high of $117.67.

Invesco Dorsey Wright Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.0458 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.