Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Get Free Report) saw unusually-high trading volume on Friday . Approximately 56,387 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 27,915 shares.The stock last traded at $120.36 and had previously closed at $123.07.
Invesco Dorsey Wright Momentum ETF Price Performance
The company has a 50-day simple moving average of $125.06 and a 200-day simple moving average of $119.99. The firm has a market cap of $1.31 billion, a PE ratio of 28.67 and a beta of 1.13.
Institutional Trading of Invesco Dorsey Wright Momentum ETF
Large investors have recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the fourth quarter worth about $31,000. Operose Advisors LLC bought a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $32,000. Hilton Head Capital Partners LLC bought a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $36,000. Kingdom Financial Group LLC. purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $38,000. Finally, Root Financial Partners LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth about $39,000.
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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.
Read More
Receive News & Ratings for Invesco Dorsey Wright Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
