Invesco DWA Momentum ETF Stock Forecast, Price & News

Wall Street analysts have given Invesco DWA Momentum ETF a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Invesco DWA Momentum ETF wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Invesco DWA Momentum ETF saw a increase in short interest in May. As of May 28th, there was short interest totaling 1,900 shares, an increase of 18.8% from the May 13th total of 1,600 shares. Based on an average daily trading volume, of 90,000 shares, the days-to-cover ratio is currently 0.0 days.
View Invesco DWA Momentum ETF's Short Interest.

Invesco DWA Momentum ETF's stock was trading at $57.08 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PDP shares have increased by 51.5% and is now trading at $86.45.
View which stocks have been most impacted by COVID-19.

Invesco DWA Momentum ETF declared a quarterly dividend on Friday, June 19th. Shareholders of record on Tuesday, June 23rd will be paid a dividend of $0.024 per share on Tuesday, June 30th. This represents a $0.10 dividend on an annualized basis and a yield of 0.11%. The ex-dividend date is Monday, June 22nd.
View Invesco DWA Momentum ETF's dividend history.

Invesco DWA Momentum ETF pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.03%.
View Invesco DWA Momentum ETF's dividend history.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco DWA Momentum ETF investors own include Akamai Technologies (AKAM), Cincinnati Financial (CINF), Crescent Point Energy (CPG), Dicerna Pharmaceuticals (DRNA), iShares Floating Rate Bond ETF (FLOT), Halliburton (HAL), Hilton Worldwide (HLT), Philip Morris International (PM), Smart Sand (SND) and Arista Networks (ANET).

Invesco DWA Momentum ETF trades on the NASDAQ under the ticker symbol "PDP."

Invesco DWA Momentum ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (6.60%), Commonwealth Equity Services LLC (3.03%), Gateway Advisory LLC (2.85%), Prospera Financial Services Inc (2.26%), Royal Bank of Canada (2.30%) and Janney Montgomery Scott LLC (1.95%).
View institutional ownership trends for Invesco DWA Momentum ETF.

PDP stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Gateway Advisory LLC, Morgan Stanley, AE Wealth Management LLC, UBS Group AG, Royal Bank of Canada, Strategic Equity Management, and Berger Financial Group Inc.
View insider buying and selling activity for Invesco DWA Momentum ETF or view top insider-selling stocks.

PDP stock was purchased by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc., Envestnet Asset Management Inc., Ameriprise Financial Inc., Janney Montgomery Scott LLC, Bridgewater Advisors Inc., Wintrust Investments LLC, Flow Traders U.S. LLC, and Barclays PLC.
View insider buying and selling activity for Invesco DWA Momentum ETF or or view top insider-buying stocks.

Shares of PDP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PDP stock can currently be purchased for approximately $86.45.

Invesco DWA Momentum ETF has a market capitalization of $1.69 billion.

The official website for Invesco DWA Momentum ETF is www.invescopowershares.com.

Invesco DWA Momentum ETF is headquartered at 301 W Roosevelt Road, Wheaton, IL 60187, United States.

Invesco DWA Momentum ETF's mailing address is 301 W Roosevelt Road, Wheaton, IL 60187, United States. The company can be reached via phone at +1-800-9830903.