Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by JBR Co Financial Management Inc

JBR Co Financial Management Inc reduced its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 5.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,961 shares of the company’s stock after selling 1,635 shares during the period. Invesco Dorsey Wright Momentum ETF comprises about 1.8% of JBR Co Financial Management Inc’s portfolio, making the stock its 13th biggest holding. JBR Co Financial Management Inc owned about 0.26% of Invesco Dorsey Wright Momentum ETF worth $3,095,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Tallon Kerry Patrick acquired a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter worth about $216,000. Allworth Financial LP increased its position in shares of Invesco Dorsey Wright Momentum ETF by 15.2% in the fourth quarter. Allworth Financial LP now owns 1,328 shares of the company’s stock valued at $154,000 after buying an additional 175 shares in the last quarter. Truist Financial Corp increased its position in shares of Invesco Dorsey Wright Momentum ETF by 11.7% in the fourth quarter. Truist Financial Corp now owns 29,558 shares of the company’s stock valued at $3,181,000 after buying an additional 3,090 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 6.6% during the 4th 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, Global Retirement Partners LLC lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 9,603.2% during the 4th quarter. Global Retirement Partners LLC now owns 17,951 shares of the company’s stock valued at $1,932,000 after buying an additional 17,766 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

Invesco Dorsey Wright Momentum ETF stock opened at $104.94 on Wednesday. The stock has a market capitalization of $1.24 billion, a P/E ratio of 28.30 and a beta of 1.02. The company’s fifty day moving average price is $102.16 and its 200 day moving average price is $106.01. Invesco Dorsey Wright Momentum ETF has a 1 year low of $86.41 and a 1 year high of $117.67.

Invesco Dorsey Wright Momentum ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.0458 dividend. The ex-dividend date was Monday, March 24th.

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.