BankPlus Trust Department Purchases Shares of 1,832 Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

BankPlus Trust Department purchased a new stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,832 shares of the company’s stock, valued at approximately $197,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JBR Co Financial Management Inc increased its position in Invesco Dorsey Wright Momentum ETF by 0.4% in the 4th quarter. JBR Co Financial Management Inc now owns 32,596 shares of the company’s stock valued at $3,508,000 after acquiring an additional 114 shares during the period. PMG Wealth Management Inc. acquired a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $690,000. Global Retirement Partners LLC increased its position in Invesco Dorsey Wright Momentum ETF by 9,603.2% in the 4th quarter. Global Retirement Partners LLC now owns 17,951 shares of the company’s stock valued at $1,932,000 after acquiring an additional 17,766 shares during the period. D.A. Davidson & CO. increased its position in shares of Invesco Dorsey Wright Momentum ETF by 6.6% during the fourth quarter. D.A. Davidson & CO. now owns 23,076 shares of the company’s stock worth $2,483,000 after buying an additional 1,427 shares during the period. Finally, Truist Financial Corp increased its position in shares of Invesco Dorsey Wright Momentum ETF by 11.7% during the fourth quarter. Truist Financial Corp now owns 29,558 shares of the company’s stock worth $3,181,000 after buying an additional 3,090 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Down 1.0 %

PDP opened at $107.68 on Tuesday. Invesco Dorsey Wright Momentum ETF has a twelve month low of $89.93 and a twelve month high of $117.67. The company has a fifty day moving average of $111.61 and a 200-day moving average of $107.87. The stock has a market cap of $1.32 billion, a PE ratio of 32.44 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given 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.