PNC Financial Services Group Inc. Has $273,000 Stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

PNC Financial Services Group Inc. lessened its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 14.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,196 shares of the company’s stock after selling 532 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $273,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Northwest Financial Advisors bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $50,000. Anchor Investment Management LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $73,000. Perigon Wealth Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $201,000. Astoria Portfolio Advisors LLC. acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $216,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth approximately $216,000.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP stock opened at $97.86 on Monday. The firm’s 50 day moving average price is $96.52 and its two-hundred day moving average price is $93.01. Invesco Dorsey Wright Momentum ETF has a 52-week low of $72.68 and a 52-week high of $100.10. The stock has a market cap of $1.26 billion, a PE ratio of 26.00 and a beta of 1.02.

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.