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

LJI Wealth Management LLC grew its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 2.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,027 shares of the company’s stock after buying an additional 1,800 shares during the quarter. Invesco Dorsey Wright Momentum ETF accounts for 2.0% of LJI Wealth Management LLC’s holdings, making the stock its 13th largest holding. LJI Wealth Management LLC owned approximately 0.73% of Invesco Dorsey Wright Momentum ETF worth $9,006,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF during the 2nd quarter worth approximately $26,000. Carolina Wealth Advisors LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the first quarter valued at approximately $39,000. Trueblood Wealth Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the first quarter worth approximately $204,000. Delta Investment Management LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the first quarter worth approximately $204,000. Finally, Shilanski & Associates Inc. acquired a new position in Invesco Dorsey Wright Momentum ETF during the 1st quarter worth approximately $219,000.

Invesco Dorsey Wright Momentum ETF Trading Down 0.3 %

Shares of PDP opened at $100.73 on Thursday. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The firm’s fifty day simple moving average is $98.05 and its 200-day simple moving average is $97.12. Invesco Dorsey Wright Momentum ETF has a twelve month low of $72.68 and a twelve month high of $102.20.

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.