Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Acquired by LJI Wealth Management LLC

LJI Wealth Management LLC boosted its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,610 shares of the company’s stock after purchasing an additional 583 shares during the period. Invesco Dorsey Wright Momentum ETF makes up about 2.0% of LJI Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. LJI Wealth Management LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $9,563,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in PDP. Cetera Investment Advisers raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 269.1% during the first quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock valued at $2,923,000 after purchasing an additional 21,577 shares during the period. NewEdge Advisors LLC grew its holdings in 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 valued at $10,217,000 after purchasing an additional 17,563 shares in the last quarter. Waverly Advisors LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 234.0% during the 1st quarter. Waverly Advisors LLC now owns 20,242 shares of the company’s stock worth $1,999,000 after buying an additional 14,181 shares during the period. Raymond James & Associates lifted its holdings in Invesco Dorsey Wright Momentum ETF by 1.4% in the 3rd 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 in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter worth $597,000.

Invesco Dorsey Wright Momentum ETF Stock Down 0.8 %

Shares of Invesco Dorsey Wright Momentum ETF stock traded down $0.84 during trading hours on Friday, hitting $110.74. 15,752 shares of the company’s stock traded hands, compared to its average volume of 20,432. Invesco Dorsey Wright Momentum ETF has a twelve month low of $79.77 and a twelve month high of $114.51. The company has a market cap of $1.37 billion, a PE ratio of 26.00 and a beta of 1.02. The stock has a 50 day simple moving average of $104.91 and a 200-day simple moving average of $100.07.

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.