Commonwealth Equity Services LLC Purchases 10,409 Shares of Invesco Dorsey Wright Momentum ETF $PDP

Commonwealth Equity Services LLC boosted its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 2.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 386,437 shares of the company’s stock after buying an additional 10,409 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Dorsey Wright Momentum ETF were worth $45,621,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Red Tortoise LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the second quarter worth about $27,000. Ameritas Advisory Services LLC purchased a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter worth approximately $114,000. Assetmark Inc. purchased a new position in Invesco Dorsey Wright Momentum ETF in the 2nd quarter worth approximately $193,000. Jones Financial Companies Lllp boosted its stake in Invesco Dorsey Wright Momentum ETF by 14.7% in the 1st quarter. Jones Financial Companies Lllp now owns 2,056 shares of the company’s stock worth $206,000 after purchasing an additional 264 shares during the period. Finally, Trueblood Wealth Management LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF during the 2nd quarter valued at approximately $207,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Invesco Dorsey Wright Momentum ETF stock opened at $122.38 on Wednesday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $86.41 and a 1 year high of $123.91. The firm’s 50 day moving average price is $117.23 and its 200-day moving average price is $114.85. The stock has a market cap of $1.73 billion, a P/E ratio of 28.67 and a beta of 1.13.

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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.