Truist Financial Corp Sells 809 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Truist Financial Corp decreased its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,485 shares of the company’s stock after selling 809 shares during the quarter. Truist Financial Corp owned approximately 0.26% of Invesco Dorsey Wright Momentum ETF worth $2,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Investment Counsel Inc bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth $36,000. Anchor Investment Management LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth approximately $73,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the third quarter worth $167,000. Perigon Wealth Management LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at $201,000. Finally, Arkadios Wealth Advisors bought a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at $216,000.

Invesco Dorsey Wright Momentum ETF Price Performance

NASDAQ PDP opened at $95.76 on Wednesday. The company’s fifty day moving average is $95.71 and its two-hundred day moving average is $88.05. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 25.02 and a beta of 1.02. 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 company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a dividend of $0.0275 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.11 annualized dividend and a yield of 0.12%.

Invesco Dorsey Wright Momentum ETF Company 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.