314,224 Shares in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Bought by Global Assets Advisory LLC

Global Assets Advisory LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 314,224 shares of the company’s stock, valued at approximately $31,039,000. Global Assets Advisory LLC owned approximately 2.43% of Invesco Dorsey Wright Momentum ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PDP. Shilanski & Associates Inc. acquired a new position in Invesco Dorsey Wright Momentum ETF during the first quarter worth $219,000. Carolina Wealth Advisors LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the first quarter worth $39,000. Golden Road Advisors LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $303,000. Focus Financial Network Inc. ADV acquired a new position in Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $722,000. Finally, Stifel Financial Corp raised its holdings in Invesco Dorsey Wright Momentum ETF by 6.3% during the fourth quarter. Stifel Financial Corp now owns 79,783 shares of the company’s stock worth $6,821,000 after buying an additional 4,731 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Down 0.2 %

PDP opened at $98.30 on Tuesday. The company’s fifty day moving average price is $96.06 and its two-hundred day moving average price is $92.57. Invesco Dorsey Wright Momentum ETF has a 1-year low of $72.68 and a 1-year high of $100.10. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF 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.