Millennium Capital Advisors LLC Takes $613,000 Position in Invesco Dorsey Wright Momentum ETF $PDP

Millennium Capital Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,263 shares of the company’s stock, valued at approximately $613,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDP. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 3.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,125 shares of the company’s stock worth $369,000 after acquiring an additional 108 shares during the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 20,230 shares of the company’s stock worth $2,388,000 after acquiring an additional 109 shares during the last quarter. Harvest Investment Services LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.3% during the 3rd quarter. Harvest Investment Services LLC now owns 9,523 shares of the company’s stock worth $1,124,000 after acquiring an additional 126 shares during the last quarter. Brookstone Capital Management lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 5.5% during the 4th quarter. Brookstone Capital Management now owns 2,820 shares of the company’s stock worth $328,000 after acquiring an additional 146 shares during the last quarter. Finally, Golden Road Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 5.6% during the 3rd quarter. Golden Road Advisors LLC now owns 3,416 shares of the company’s stock worth $403,000 after acquiring an additional 181 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

NASDAQ PDP opened at $139.78 on Friday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $102.39 and a 52-week high of $142.95. The company has a market capitalization of $1.50 billion, a P/E ratio of 28.67 and a beta of 1.18. The company has a fifty day moving average of $129.28 and a 200-day moving average of $123.85.

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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.