Creative Planning raised its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,921 shares of the company’s stock after purchasing an additional 396 shares during the quarter. Creative Planning’s holdings in Invesco Dorsey Wright Momentum ETF were worth $611,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the business. SPC Financial Inc. grew its position in Invesco Dorsey Wright Momentum ETF by 12.9% in the first quarter. SPC Financial Inc. now owns 4,755 shares of the company’s stock worth $470,000 after acquiring an additional 545 shares in the last quarter. Delta Investment Management LLC bought a new position in Invesco Dorsey Wright Momentum ETF during the first quarter valued at about $204,000. Waverly Advisors LLC lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 234.0% in the first quarter. Waverly Advisors LLC now owns 20,242 shares of the company’s stock worth $1,999,000 after buying an additional 14,181 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 4.1% in the first quarter. B. Riley Wealth Advisors Inc. now owns 30,618 shares of the company’s stock worth $3,024,000 after buying an additional 1,199 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco Dorsey Wright Momentum ETF by 269.1% during the 1st quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock worth $2,923,000 after acquiring an additional 21,577 shares in the last quarter.
Invesco Dorsey Wright Momentum ETF Trading Up 0.1 %
Shares of Invesco Dorsey Wright Momentum ETF stock opened at $103.33 on Tuesday. The firm has a fifty day simple moving average of $102.59 and a 200-day simple moving average of $98.94. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 1-year low of $76.67 and a 1-year 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.
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