Savant Capital LLC Decreases Stock Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Savant Capital LLC trimmed its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,204 shares of the company’s stock after selling 5,873 shares during the quarter. Savant Capital LLC owned 1.37% of Invesco Dorsey Wright Momentum ETF worth $15,320,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management grew its position in shares of Invesco Dorsey Wright Momentum ETF by 6.4% in the 4th quarter. Brookstone Capital Management now owns 2,896 shares of the company’s stock worth $248,000 after buying an additional 175 shares during the period. Anchor Investment Management LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter worth about $73,000. Perigon Wealth Management LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter worth about $201,000. Milestone Advisory Partners boosted its stake in Invesco Dorsey Wright Momentum ETF by 4.3% in the 3rd quarter. Milestone Advisory Partners now owns 30,825 shares of the company’s stock worth $2,373,000 after purchasing an additional 1,262 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in Invesco Dorsey Wright Momentum ETF by 4.3% in the 3rd quarter. Private Advisor Group LLC now owns 7,271 shares of the company’s stock worth $560,000 after purchasing an additional 297 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Down 2.0 %

PDP traded down $1.89 during midday trading on Tuesday, hitting $92.58. 20,587 shares of the company traded hands, compared to its average volume of 25,916. The firm has a market capitalization of $1.19 billion, a PE ratio of 25.02 and a beta of 1.02. The company’s 50-day moving average is $95.60 and its 200 day moving average is $87.32. Invesco Dorsey Wright Momentum ETF has a 52 week low of $72.68 and a 52 week high of $99.60.

Invesco Dorsey Wright Momentum ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.0275 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.12%. The ex-dividend date of this dividend was Monday, March 18th.

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.