Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as $152.72 and last traded at $152.40, with a volume of 2474 shares trading hands. The stock had previously closed at $148.99.
Invesco Dorsey Wright Momentum ETF Price Performance
The company has a market cap of $1.63 billion, a PE ratio of 28.67 and a beta of 1.17. The business’s 50 day moving average is $139.57 and its 200-day moving average is $128.59.
Hedge Funds Weigh In On Invesco Dorsey Wright Momentum ETF
Large investors have recently bought and sold shares of the business. Pine Valley Investments Ltd Liability Co purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 1st quarter worth about $447,000. Western Wealth Management LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at about $90,000. Arkadios Wealth Advisors raised its position in shares of Invesco Dorsey Wright Momentum ETF by 8.6% during the 1st quarter. Arkadios Wealth Advisors now owns 15,000 shares of the company’s stock worth $1,811,000 after acquiring an additional 1,186 shares in the last quarter. Quantinno Capital Management LP raised its position in shares of Invesco Dorsey Wright Momentum ETF by 33.7% during the 1st quarter. Quantinno Capital Management LP now owns 6,048 shares of the company’s stock worth $730,000 after acquiring an additional 1,524 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Invesco Dorsey Wright Momentum ETF by 3.6% during the first quarter. Cetera Investment Advisers now owns 29,460 shares of the company’s stock worth $3,557,000 after purchasing an additional 1,033 shares during the last quarter.
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.
Featured Stories
- Five stocks we like better than Invesco Dorsey Wright Momentum ETF
- Microsoft’s Boring Stock Story May Be Its Biggest Strength
- 3 Monthly Dividend Stocks for Income Investors Seeking Cash Flow
- These 3 Bitcoin Miner Stocks Are Riding the AI Data Center Boom
- Why Penguin Solutions Is Rallying as AI Data Centers Scale
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.
