Janney Montgomery Scott LLC raised its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) by 0.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 175,370 shares of the company’s stock after purchasing an additional 886 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $18,109,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. SPC Financial Inc. raised its stake in shares of 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 valued at $470,000 after purchasing an additional 545 shares in the last quarter. Delta Investment Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 1st quarter worth about $204,000. Waverly Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 234.0% during the 1st quarter. Waverly Advisors LLC now owns 20,242 shares of the company’s stock worth $1,999,000 after acquiring an additional 14,181 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 4.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 30,618 shares of the company’s stock valued at $3,024,000 after acquiring an additional 1,199 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in Invesco Dorsey Wright Momentum ETF by 269.1% in the first quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock valued at $2,923,000 after acquiring an additional 21,577 shares during the period.
Invesco Dorsey Wright Momentum ETF Stock Up 2.4 %
Shares of PDP opened at $105.76 on Wednesday. The company has a 50-day moving average price of $102.65 and a two-hundred day moving average price of $99.02. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 12 month low of $76.67 and a 12 month 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.
Further Reading
- Five stocks we like better than Invesco Dorsey Wright Momentum ETF
- What is the Shanghai Stock Exchange Composite Index?
- Palantir Cracks $50, Is There Still Time to Get on Board?
- Election Stocks: How Elections Affect the Stock Market
- Insider Buying Signals Upside for These 3 Stocks
- How to invest in marijuana stocks in 7 steps
- These 2 Big Players Are Set to Compete With Elon Musk’s Starlink
Want to see what other hedge funds are holding PDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report).
Receive News & Ratings for Invesco Dorsey Wright Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Dorsey Wright Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.