Raymond James & Associates Acquires 7,932 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Raymond James & Associates raised its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 595,138 shares of the company’s stock after buying an additional 7,932 shares during the period. Raymond James & Associates owned about 4.80% of Invesco Dorsey Wright Momentum ETF worth $61,454,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF during the 2nd quarter valued at $26,000. Delta Investment Management LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 1st quarter worth about $204,000. SPC Financial Inc. grew its stake 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 last quarter. Arkadios Wealth Advisors lifted its position in Invesco Dorsey Wright Momentum ETF by 90.3% during the second quarter. Arkadios Wealth Advisors now owns 4,811 shares of the company’s stock worth $471,000 after acquiring an additional 2,283 shares during the last quarter. Finally, Consolidated Planning Corp boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 13.6% during the second quarter. Consolidated Planning Corp now owns 5,015 shares of the company’s stock worth $491,000 after acquiring an additional 600 shares during the period.

Invesco Dorsey Wright Momentum ETF Trading Down 0.3 %

Invesco Dorsey Wright Momentum ETF stock opened at $106.83 on Tuesday. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The stock’s 50 day moving average is $101.34 and its 200-day moving average is $98.26. Invesco Dorsey Wright Momentum ETF has a 12 month low of $72.68 and a 12 month high of $107.60.

Invesco Dorsey Wright Momentum ETF 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.