Invesco Dorsey Wright Momentum ETF·Financial Services

Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ: PDP - Get Free Report) saw unusually-strong trading volume on Friday. Approximately 56,387 shares traded hands during mid-day trading, an increase of 102% from the previous session's volume of 27,915 shares.The stock last traded at $120.36 and had previously closed at $123.07. Invesco Dorsey Wright Momentum ETF

NewSquare Capital sold 101,997 shares of the Invesco DWA Momentum ETF in the fourth quarter. The quarter-end position value decreased by $12.38 million, reflecting both trading and market price effects.

Envestnet Asset Management Inc. reduced its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ: PDP) by 21.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,314 shares of the company's stock after selling 19,909 shares during the period.
The Invesco Dorsey Wright Momentum ETF (Fund) is based on the Dorsey Wright Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index includes approximately 100 US companies from the NASDAQ US Benchmark Index. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe. The Fund and the Index are rebalanced and reconstituted quarterly.Effective after the close of markets on Aug. 25, 2023, the Fund’s name changed from Invesco DWA Momentum ETF to Invesco Dorsey Wright Momentum ETF. No other changes were made to the Fund. See the prospectus for more information.
Financial Services
Asset Management
2007-03-01
1.26
Market Peers





