D.A. Davidson & CO. Decreases Stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

D.A. Davidson & CO. lessened its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,649 shares of the company’s stock after selling 105 shares during the quarter. D.A. Davidson & CO. owned 0.18% of Invesco Dorsey Wright Momentum ETF worth $2,235,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of PDP. Cetera Investment Advisers grew 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 purchasing an additional 21,577 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 20.2% during the 2nd quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock worth $10,217,000 after purchasing an additional 17,563 shares during the period. Raymond James & Associates boosted its stake in Invesco Dorsey Wright Momentum ETF by 1.4% during the third quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock worth $61,454,000 after buying an additional 7,932 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF during the 2nd quarter worth approximately $597,000. Finally, Arkadios Wealth Advisors boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 112.6% during the third quarter. Arkadios Wealth Advisors now owns 10,227 shares of the company’s stock worth $1,056,000 after buying an additional 5,416 shares during the period.

Invesco Dorsey Wright Momentum ETF Price Performance

NASDAQ PDP opened at $116.74 on Friday. The stock has a 50-day moving average of $107.64 and a two-hundred day moving average of $101.31. Invesco Dorsey Wright Momentum ETF has a 1-year low of $80.22 and a 1-year high of $116.97. The company has a market cap of $1.44 billion, a P/E ratio of 26.00 and a beta of 1.02.

About Invesco Dorsey Wright Momentum ETF

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.