Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Sets New 1-Year High – What’s Next?

Posted by Donald Scott on Feb 27th, 2026

Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $130.78 and last traded at $130.1610, with a volume of 1211 shares changing hands. The stock had previously closed at $129.31.

Invesco Dorsey Wright Momentum ETF Stock Performance

The company’s 50-day simple moving average is $123.54 and its 200-day simple moving average is $118.62. The company has a market capitalization of $1.41 billion, a PE ratio of 28.67 and a beta of 1.13.

Hedge Funds Weigh In On Invesco Dorsey Wright Momentum ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the fourth quarter valued at $31,000. Operose Advisors LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $32,000. Hilton Head Capital Partners LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $36,000. Kingdom Financial Group LLC. purchased a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $38,000. Finally, Root Financial Partners LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the third quarter worth about $39,000.

Invesco Dorsey Wright Momentum ETF Company Profile

(Get Free Report)

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.