Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Holdings Increased by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 112.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,227 shares of the company’s stock after acquiring an additional 5,416 shares during the period. Arkadios Wealth Advisors’ holdings in Invesco Dorsey Wright Momentum ETF were worth $1,056,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PDP. Private Advisory Group LLC lifted its position in Invesco Dorsey Wright Momentum ETF by 1.5% in the third quarter. Private Advisory Group LLC now owns 9,650 shares of the company’s stock worth $996,000 after purchasing an additional 142 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at $26,000. Creative Planning boosted its stake in Invesco Dorsey Wright Momentum ETF by 7.2% during the third quarter. Creative Planning now owns 5,921 shares of the company’s stock valued at $611,000 after buying an additional 396 shares in the last quarter. SPC Financial Inc. boosted its stake in Invesco Dorsey Wright Momentum ETF by 12.9% during the first quarter. SPC Financial Inc. now owns 4,755 shares of the company’s stock valued at $470,000 after buying an additional 545 shares in the last quarter. Finally, Consolidated Planning Corp grew its holdings in 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 0.5 %

Shares of NASDAQ PDP opened at $104.86 on Monday. The firm has a 50-day moving average of $102.15 and a two-hundred day moving average of $98.57. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a twelve month low of $72.68 and a twelve month high of $107.60.

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.