Private Advisor Group LLC Trims Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Private Advisor Group LLC lessened its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,197 shares of the company’s stock after selling 165 shares during the period. Private Advisor Group LLC owned 0.07% of Invesco Dorsey Wright Momentum ETF worth $950,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of PDP. International Assets Investment Management LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at about $26,000. Delta Investment Management LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at about $204,000. SPC Financial Inc. raised its holdings in Invesco Dorsey Wright Momentum ETF by 12.9% in the 1st quarter. SPC Financial Inc. now owns 4,755 shares of the company’s stock valued at $470,000 after buying an additional 545 shares during the period. Arkadios Wealth Advisors raised its holdings in Invesco Dorsey Wright Momentum ETF by 90.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 4,811 shares of the company’s stock valued at $471,000 after buying an additional 2,283 shares during the period. Finally, Consolidated Planning Corp raised its holdings in Invesco Dorsey Wright Momentum ETF by 13.6% in the 2nd quarter. Consolidated Planning Corp now owns 5,015 shares of the company’s stock valued at $491,000 after buying an additional 600 shares during the period.

Invesco Dorsey Wright Momentum ETF Trading Down 0.4 %

Shares of PDP opened at $103.21 on Friday. The firm has a market cap of $1.28 billion, a P/E ratio of 26.00 and a beta of 1.02. The company’s 50-day moving average price is $102.59 and its 200 day moving average price is $98.86. Invesco Dorsey Wright Momentum ETF has a 12-month low of $75.42 and a 12-month high of $107.60.

Invesco Dorsey Wright Momentum ETF Company Profile

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.