Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.5% in the third quarter, HoldingsChannel.com reports. The firm owned 21,649 shares of the company’s stock after selling 105 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $2,235,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers raised its stake in 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. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 2nd quarter valued at about $597,000. LJI Wealth Management LLC grew its stake in Invesco Dorsey Wright Momentum ETF by 2.0% during the 2nd quarter. LJI Wealth Management LLC now owns 92,027 shares of the company’s stock worth $9,006,000 after buying an additional 1,800 shares during the last quarter. NewEdge Advisors LLC increased its position in Invesco Dorsey Wright Momentum ETF by 20.2% during the second quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock worth $10,217,000 after buying an additional 17,563 shares during the period. Finally, Carolinas Wealth Consulting LLC lifted its stake in Invesco Dorsey Wright Momentum ETF by 43.5% in the second quarter. Carolinas Wealth Consulting LLC now owns 7,583 shares of the company’s stock valued at $742,000 after buying an additional 2,299 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Up 0.8 %

Shares of PDP opened at $116.74 on Friday. The company’s 50 day simple moving average is $107.64 and its 200-day simple moving average is $101.31. The firm has a market cap of $1.44 billion, a PE ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 12-month low of $80.22 and a 12-month high of $116.97.

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.