Redwood Family Wealth LLC acquired a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 4,683 shares of the company’s stock, valued at approximately $545,000.
Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its holdings in Invesco Dorsey Wright Momentum ETF by 14.7% in the first quarter. Jones Financial Companies Lllp now owns 2,056 shares of the company’s stock valued at $206,000 after purchasing an additional 264 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Invesco Dorsey Wright Momentum ETF during the 1st quarter valued at about $775,000. Jane Street Group LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 41.2% in the 1st quarter. Jane Street Group LLC now owns 8,288 shares of the company’s stock valued at $829,000 after buying an additional 2,418 shares during the period. Benjamin Edwards Inc. lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 10.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 11,288 shares of the company’s stock valued at $1,226,000 after buying an additional 1,068 shares during the period. Finally, MML Investors Services LLC boosted its stake in shares of Invesco Dorsey Wright Momentum ETF by 1.0% in the second quarter. MML Investors Services LLC now owns 39,463 shares of the company’s stock worth $4,285,000 after buying an additional 391 shares during the last quarter.
Invesco Dorsey Wright Momentum ETF Price Performance
Invesco Dorsey Wright Momentum ETF stock opened at $150.88 on Friday. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 28.67 and a beta of 1.17. Invesco Dorsey Wright Momentum ETF has a 52 week low of $104.31 and a 52 week high of $152.11. The business’s 50-day moving average price is $139.57 and its 200 day moving average price is $128.50.
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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.
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