NewEdge Advisors LLC Boosts Stock Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

NewEdge Advisors LLC grew its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 20.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 104,402 shares of the company’s stock after purchasing an additional 17,563 shares during the period. NewEdge Advisors LLC owned approximately 0.83% of Invesco Dorsey Wright Momentum ETF worth $10,217,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Global Assets Advisory LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at approximately $31,039,000. Gateway Advisory LLC increased its holdings in shares of 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 purchasing an additional 3,924 shares in the last quarter. LJI Wealth Management LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 2.0% in the 2nd quarter. LJI Wealth Management LLC now owns 92,027 shares of the company’s stock valued at $9,006,000 after purchasing an additional 1,800 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Invesco Dorsey Wright Momentum ETF by 6.3% in the fourth quarter. Stifel Financial Corp now owns 79,783 shares of the company’s stock valued at $6,821,000 after purchasing an additional 4,731 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco Dorsey Wright Momentum ETF by 6.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 50,660 shares of the company’s stock worth $5,004,000 after buying an additional 2,934 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Up 0.5 %

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $103.26 on Tuesday. Invesco Dorsey Wright Momentum ETF has a 12-month low of $72.68 and a 12-month high of $103.75. The stock has a market cap of $1.30 billion, a PE ratio of 26.00 and a beta of 1.02. The company has a 50-day moving average of $98.66 and a two-hundred day moving average of $97.54.

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.