Nwam LLC Cuts Stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Nwam LLC lowered its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 11.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,274 shares of the company’s stock after selling 535 shares during the quarter. Nwam LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $414,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PDP. Carolina Wealth Advisors LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at about $39,000. Northwest Financial Advisors purchased a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $50,000. Perigon Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $201,000. Trueblood Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the 1st quarter valued at about $204,000. Finally, Delta Investment Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the 1st quarter valued at about $204,000.

Invesco Dorsey Wright Momentum ETF Trading Down 0.6 %

NASDAQ:PDP opened at $97.38 on Friday. The firm has a 50-day moving average price of $97.92 and a two-hundred day moving average price of $94.41. Invesco Dorsey Wright Momentum ETF has a twelve month low of $72.68 and a twelve month high of $101.65. The company has a market capitalization of $1.23 billion, a P/E ratio of 26.00 and a beta of 1.02.

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.