Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by EP Wealth Advisors LLC

EP Wealth Advisors LLC reduced its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,613 shares of the company’s stock after selling 640 shares during the period. EP Wealth Advisors LLC owned approximately 0.30% of Invesco Dorsey Wright Momentum ETF worth $3,681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Assets Advisory LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 1st quarter valued at $31,039,000. Cetera Investment Advisers boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 269.1% in the 1st quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock valued at $2,923,000 after purchasing an additional 21,577 shares during the period. NewEdge Advisors LLC increased its stake in Invesco Dorsey Wright Momentum ETF by 20.2% in the 2nd quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock worth $10,217,000 after purchasing an additional 17,563 shares in the last quarter. Waverly Advisors LLC raised its holdings in Invesco Dorsey Wright Momentum ETF by 234.0% during the 1st quarter. Waverly Advisors LLC now owns 20,242 shares of the company’s stock worth $1,999,000 after buying an additional 14,181 shares during the period. Finally, Stifel Financial Corp lifted its stake 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 valued at $6,821,000 after buying an additional 4,731 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

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

Invesco Dorsey Wright Momentum ETF Company 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.