Mercer Global Advisors Inc. ADV Has $2.93 Million Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 4.8% in the fourth quarter, HoldingsChannel reports. The firm owned 27,208 shares of the company’s stock after acquiring an additional 1,255 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Invesco Dorsey Wright Momentum ETF were worth $2,928,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of PDP. Raymond James Financial Inc. bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $80,482,000. Janney Montgomery Scott LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 3.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 181,672 shares of the company’s stock valued at $19,550,000 after buying an additional 6,302 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.5% in the 4th quarter. JPMorgan Chase & Co. now owns 84,464 shares of the company’s stock valued at $9,089,000 after buying an additional 381 shares during the period. Win Advisors Inc. bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $3,879,000. Finally, JBR Co Financial Management Inc lifted its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.4% during the fourth quarter. JBR Co Financial Management Inc now owns 32,596 shares of the company’s stock valued at $3,508,000 after acquiring an additional 114 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Down 0.9 %

Invesco Dorsey Wright Momentum ETF stock opened at $101.19 on Wednesday. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 28.63 and a beta of 1.14. Invesco Dorsey Wright Momentum ETF has a 12-month low of $86.41 and a 12-month high of $117.67. The business’s 50-day simple moving average is $98.90 and its 200 day simple moving average is $107.08.

Invesco Dorsey Wright Momentum ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders 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.

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.