Private Advisor Group LLC Has $916,000 Stock Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Private Advisor Group LLC raised its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 25.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,362 shares of the company’s stock after acquiring an additional 1,870 shares during the period. Private Advisor Group LLC owned about 0.07% of Invesco Dorsey Wright Momentum ETF worth $916,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the 1st quarter worth approximately $31,039,000. UBS Group AG raised its holdings in shares of Invesco Dorsey Wright Momentum ETF by 7.9% in the 4th quarter. UBS Group AG now owns 241,489 shares of the company’s stock worth $20,645,000 after buying an additional 17,597 shares in the last quarter. Stifel Financial Corp grew its position in Invesco Dorsey Wright Momentum ETF by 6.3% during the 4th quarter. Stifel Financial Corp now owns 79,783 shares of the company’s stock worth $6,821,000 after acquiring an additional 4,731 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Invesco Dorsey Wright Momentum ETF by 6.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 50,660 shares of the company’s stock worth $5,004,000 after acquiring an additional 2,934 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its position in Invesco Dorsey Wright Momentum ETF by 4.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 30,618 shares of the company’s stock worth $3,024,000 after acquiring an additional 1,199 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

NASDAQ PDP opened at $100.83 on Tuesday. The firm has a market cap of $1.27 billion, a PE ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a one year low of $72.68 and a one year high of $101.65. The stock’s 50 day simple moving average is $97.96 and its 200 day simple moving average is $97.05.

About Invesco Dorsey Wright Momentum ETF

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.