Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by Savant Capital LLC

Savant Capital LLC lessened its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 3.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 165,688 shares of the company’s stock after selling 6,620 shares during the quarter. Savant Capital LLC owned 1.31% of Invesco Dorsey Wright Momentum ETF worth $16,214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PDP. Strategy Asset Managers LLC boosted its holdings in Invesco Dorsey Wright Momentum ETF by 3.5% during the first quarter. Strategy Asset Managers LLC now owns 4,047 shares of the company’s stock worth $400,000 after buying an additional 135 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 4.9% during the first quarter. Spire Wealth Management now owns 4,264 shares of the company’s stock worth $421,000 after purchasing an additional 200 shares during the last quarter. Private Advisor Group LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 3.4% in the fourth quarter. Private Advisor Group LLC now owns 7,516 shares of the company’s stock valued at $643,000 after purchasing an additional 245 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 2nd quarter worth about $26,000. Finally, Carolina Wealth Advisors LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at about $39,000.

Invesco Dorsey Wright Momentum ETF Price Performance

NASDAQ PDP opened at $95.00 on Friday. The company has a 50-day moving average of $98.02 and a 200-day moving average of $96.84. Invesco Dorsey Wright Momentum ETF has a 12 month low of $72.68 and a 12 month high of $101.65. The company has a market cap of $1.20 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.