Sapient Capital LLC Takes Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Sapient Capital LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,454 shares of the company’s stock, valued at approximately $295,000.

A number of other large investors have also bought and sold shares of the stock. LPL Financial LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 12.8% during the third quarter. LPL Financial LLC now owns 221,567 shares of the company’s stock worth $17,058,000 after purchasing an additional 25,209 shares during the period. Gateway Advisory LLC lifted its holdings in Invesco Dorsey Wright Momentum ETF by 2.5% in the 3rd quarter. Gateway Advisory LLC now owns 187,950 shares of the company’s stock worth $14,470,000 after buying an additional 4,555 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Invesco Dorsey Wright Momentum ETF by 9.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 151,255 shares of the company’s stock worth $11,645,000 after buying an additional 12,503 shares during the last quarter. Strid Group LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 9.9% during the fourth quarter. Strid Group LLC now owns 135,889 shares of the company’s stock valued at $11,617,000 after buying an additional 12,249 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $3,566,000.

Invesco Dorsey Wright Momentum ETF Stock Up 1.8 %

NASDAQ:PDP opened at $95.88 on Tuesday. The firm’s fifty day simple moving average is $95.68 and its 200 day simple moving average is $87.90. The stock has a market cap of $1.23 billion, a P/E ratio of 25.02 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a twelve month low of $72.68 and a twelve month high of $99.60.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.0275 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.11%. The ex-dividend date was Monday, March 18th.

About Invesco Dorsey Wright Momentum ETF

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.