Wilmington Savings Fund Society FSB Buys Shares of 800 Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Wilmington Savings Fund Society FSB purchased a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 800 shares of the company’s stock, valued at approximately $83,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James & Associates grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.4% in the third quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock valued at $61,454,000 after purchasing an additional 7,932 shares in the last quarter. Gateway Advisory LLC boosted its position in Invesco Dorsey Wright Momentum ETF by 1.9% in the 2nd quarter. Gateway Advisory LLC now owns 213,189 shares of the company’s stock valued at $20,863,000 after buying an additional 3,924 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.5% in the third quarter. Janney Montgomery Scott LLC now owns 175,370 shares of the company’s stock worth $18,109,000 after acquiring an additional 886 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 20.2% in the second quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock worth $10,217,000 after acquiring an additional 17,563 shares in the last quarter. Finally, LJI Wealth Management LLC increased its position in shares of Invesco Dorsey Wright Momentum ETF by 0.6% during the third quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock worth $9,563,000 after acquiring an additional 583 shares during the period.

Invesco Dorsey Wright Momentum ETF Trading Up 1.6 %

NASDAQ:PDP opened at $109.98 on Friday. Invesco Dorsey Wright Momentum ETF has a 12-month low of $82.25 and a 12-month high of $117.67. The firm has a market cap of $1.36 billion, a PE ratio of 26.00 and a beta of 1.02. The stock has a fifty day moving average price of $110.86 and a 200 day moving average price of $103.07.

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.