Invesco DWA Momentum ETF (PDP) Shares Bought by NewSquare Capital LLC

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NewSquare Capital LLC boosted its holdings in Invesco DWA Momentum ETF (NASDAQ:PDP) by 8.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 602,866 shares of the company’s stock after acquiring an additional 49,154 shares during the quarter. Invesco DWA Momentum ETF accounts for approximately 6.8% of NewSquare Capital LLC’s holdings, making the stock its largest position. NewSquare Capital LLC owned approximately 2.19% of Invesco DWA Momentum ETF worth $35,925,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC bought a new position in shares of Invesco DWA Momentum ETF during the 2nd quarter valued at $207,000. First City Capital Management Inc. bought a new position in shares of Invesco DWA Momentum ETF during the 2nd quarter valued at $208,000. FMR LLC bought a new position in shares of Invesco DWA Momentum ETF during the 2nd quarter valued at $224,000. Milestone Group Inc. bought a new position in shares of Invesco DWA Momentum ETF during the 2nd quarter valued at $236,000. Finally, MinichMacGregor Wealth Management LLC bought a new position in shares of Invesco DWA Momentum ETF during the 2nd quarter valued at $282,000.

Invesco DWA Momentum ETF stock traded down $0.49 during trading on Friday, reaching $54.08. The company had a trading volume of 2,954 shares, compared to its average volume of 106,814. Invesco DWA Momentum ETF has a 52 week low of $49.44 and a 52 week high of $60.23.

The business also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Tuesday, September 25th were issued a $0.0074 dividend. The ex-dividend date of this dividend was Monday, September 24th. This represents a $0.03 dividend on an annualized basis and a yield of 0.05%.

About Invesco DWA 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.

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Want to see what other hedge funds are holding PDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco DWA Momentum ETF (NASDAQ:PDP).

Institutional Ownership by Quarter for Invesco DWA Momentum ETF (NASDAQ:PDP)

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