Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Reaches New 12-Month High – Should You Buy?

Posted by Latisha Jones on Jan 13th, 2026

Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $124.13 and last traded at $124.16, with a volume of 10731 shares traded. The stock had previously closed at $122.92.

Invesco Dorsey Wright Momentum ETF Trading Up 0.8%

The stock has a 50-day simple moving average of $117.21 and a 200 day simple moving average of $115.27. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 28.67 and a beta of 1.13.

Institutional Trading of Invesco Dorsey Wright Momentum ETF

Several institutional investors have recently bought and sold shares of the business. Red Tortoise LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at about $27,000. Root Financial Partners LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter valued at $39,000. Hazlett Burt & Watson Inc. lifted its stake in Invesco Dorsey Wright Momentum ETF by 375.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 475 shares of the company’s stock worth $57,000 after purchasing an additional 375 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at $114,000. Finally, Founders Financial Alliance LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 71.8% in the third quarter. Founders Financial Alliance LLC now owns 1,378 shares of the company’s stock valued at $163,000 after buying an additional 576 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Company Profile

(Get Free Report)

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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.