Fmr LLC increased its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) by 10.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,953 shares of the company’s stock after purchasing an additional 671 shares during the quarter. Fmr LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $718,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Raymond James & Associates lifted its holdings 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 valued at $61,454,000 after purchasing an additional 7,932 shares in the last quarter. Gateway Advisory LLC raised its position in shares of Invesco Dorsey Wright Momentum ETF by 1.9% during the 2nd quarter. Gateway Advisory LLC now owns 213,189 shares of the company’s stock worth $20,863,000 after purchasing an additional 3,924 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Invesco Dorsey Wright Momentum ETF by 0.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 175,370 shares of the company’s stock valued at $18,109,000 after buying an additional 886 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco Dorsey Wright Momentum ETF by 20.2% in the 2nd 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 last quarter. Finally, LJI Wealth Management LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 0.6% during the 3rd quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock worth $9,563,000 after buying an additional 583 shares in the last quarter.
Invesco Dorsey Wright Momentum ETF Price Performance
Shares of Invesco Dorsey Wright Momentum ETF stock opened at $112.48 on Wednesday. The stock has a market capitalization of $1.39 billion, a P/E ratio of 26.00 and a beta of 1.02. The business has a 50 day simple moving average of $110.57 and a two-hundred day simple moving average of $102.89. Invesco Dorsey Wright Momentum ETF has a 12 month low of $82.25 and a 12 month high of $117.67.
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.
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