Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by Lincoln National Corp

Lincoln National Corp reduced its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 3.6% during the 4th quarter, HoldingsChannel reports. The firm owned 8,988 shares of the company’s stock after selling 337 shares during the period. Lincoln National Corp’s holdings in Invesco Dorsey Wright Momentum ETF were worth $768,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of PDP. International Assets Investment Management LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at approximately $3,566,000. EP Wealth Advisors LLC grew its position in Invesco Dorsey Wright Momentum ETF by 216.6% in the 3rd quarter. EP Wealth Advisors LLC now owns 38,630 shares of the company’s stock valued at $2,974,000 after buying an additional 26,430 shares during the last quarter. LPL Financial LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 12.8% in the 3rd quarter. LPL Financial LLC now owns 221,567 shares of the company’s stock valued at $17,058,000 after buying an additional 25,209 shares during the period. Kingswood Wealth Advisors LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter worth $1,777,000. Finally, Lunt Capital Management Inc. acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth $1,554,000.

Invesco Dorsey Wright Momentum ETF Stock Up 1.1 %

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $96.57 on Friday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $72.68 and a 52-week high of $99.60. The company’s 50-day simple moving average is $95.76 and its 200-day simple moving average is $88.16. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 25.02 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF Dividend Announcement

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

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.