Rockefeller Capital Management L.P. Trims Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Rockefeller Capital Management L.P. reduced its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,460 shares of the company’s stock after selling 4,509 shares during the period. Rockefeller Capital Management L.P. owned about 0.80% of Invesco Dorsey Wright Momentum ETF worth $10,595,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 10.7% during the 3rd quarter. FMR LLC now owns 6,953 shares of the company’s stock valued at $718,000 after buying an additional 671 shares during the last quarter. HighTower Advisors LLC raised its position in Invesco Dorsey Wright Momentum ETF by 3.5% during the third quarter. HighTower Advisors LLC now owns 3,966 shares of the company’s stock valued at $410,000 after acquiring an additional 133 shares in the last quarter. World Investment Advisors LLC acquired a new position in Invesco Dorsey Wright Momentum ETF in the third quarter valued at approximately $340,000. Wilmington Savings Fund Society FSB purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth approximately $83,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 84,083 shares of the company’s stock worth $8,682,000 after purchasing an additional 329 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Performance

PDP opened at $96.77 on Wednesday. Invesco Dorsey Wright Momentum ETF has a fifty-two week low of $86.41 and a fifty-two week high of $117.67. The company has a fifty day moving average of $103.07 and a two-hundred day moving average of $107.76. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 26.73 and a beta of 1.13.

Invesco Dorsey Wright Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0458 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.