Creative Planning Buys 396 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Creative Planning grew its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,921 shares of the company’s stock after acquiring an additional 396 shares during the quarter. Creative Planning’s holdings in Invesco Dorsey Wright Momentum ETF were worth $611,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Private Advisory Group LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 1.5% in the third quarter. Private Advisory Group LLC now owns 9,650 shares of the company’s stock worth $996,000 after purchasing an additional 142 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Invesco Dorsey Wright Momentum ETF during the second quarter valued at about $26,000. SPC Financial Inc. lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 12.9% in the first quarter. SPC Financial Inc. now owns 4,755 shares of the company’s stock valued at $470,000 after acquiring an additional 545 shares in the last quarter. Consolidated Planning Corp lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 13.6% in the second quarter. Consolidated Planning Corp now owns 5,015 shares of the company’s stock valued at $491,000 after acquiring an additional 600 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Invesco Dorsey Wright Momentum ETF by 6.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 10,734 shares of the company’s stock worth $1,050,000 after acquiring an additional 619 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of NASDAQ PDP opened at $103.33 on Tuesday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $76.67 and a 52-week high of $107.60. The firm’s fifty day moving average is $102.59 and its two-hundred day moving average is $98.94. The company has a market cap of $1.28 billion, a P/E 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.