Sowell Financial Services LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,861 shares of the company’s stock, valued at approximately $1,635,000. Sowell Financial Services LLC owned 0.11% of Invesco Dorsey Wright Momentum ETF at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Brookstone Capital Management bought a new stake in shares of Invesco Dorsey Wright Momentum ETF in the third quarter valued at $407,000. Redwood Family Wealth LLC lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 30.3% during the 3rd quarter. Redwood Family Wealth LLC now owns 5,327 shares of the company’s stock valued at $734,000 after buying an additional 1,239 shares during the last quarter. Alpine Bank Wealth Management bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth $41,000. Strategy Asset Managers LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth $351,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth $3,709,000.
Invesco Dorsey Wright Momentum ETF Stock Performance
Shares of PDP opened at $132.99 on Friday. The business has a 50-day moving average of $136.24 and a 200 day moving average of $134.43. Invesco Dorsey Wright Momentum ETF has a fifty-two week low of $106.53 and a fifty-two week high of $153.23. The firm has a market cap of $1.40 billion, a P/E ratio of 28.67 and a beta of 1.16.
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. 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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