2,063 Shares in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Purchased by Delta Investment Management LLC

Delta Investment Management LLC acquired a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,063 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its holdings in Invesco Dorsey Wright Momentum ETF by 2.0% during the first quarter. Raymond James & Associates now owns 589,914 shares of the company’s stock worth $58,272,000 after buying an additional 11,388 shares during the last quarter. Global Assets Advisory LLC bought a new position in Invesco Dorsey Wright Momentum ETF during the first quarter worth about $31,039,000. UBS Group AG boosted its holdings in Invesco Dorsey Wright Momentum ETF by 7.9% during the fourth quarter. UBS Group AG now owns 241,489 shares of the company’s stock worth $20,645,000 after buying an additional 17,597 shares during the last quarter. Gateway Advisory LLC boosted its holdings in Invesco Dorsey Wright Momentum ETF by 9.6% during the fourth quarter. Gateway Advisory LLC now owns 206,002 shares of the company’s stock worth $17,611,000 after buying an additional 18,052 shares during the last quarter. Finally, Strid Group LLC boosted its holdings in Invesco Dorsey Wright Momentum ETF by 9.9% during the fourth quarter. Strid Group LLC now owns 135,889 shares of the company’s stock worth $11,617,000 after buying an additional 12,249 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Down 0.5 %

Shares of NASDAQ:PDP traded down $0.51 during trading on Friday, hitting $97.48. 2,431 shares of the company’s stock traded hands, compared to its average volume of 21,899. Invesco Dorsey Wright Momentum ETF has a 52 week low of $72.68 and a 52 week high of $101.65. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The company has a 50-day moving average price of $97.91 and a 200-day moving average price of $94.25.

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.