Rockefeller Capital Management L.P. Boosts Position in Invesco Dorsey Wright Momentum ETF $PDP

Rockefeller Capital Management L.P. grew its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 47.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,288 shares of the company’s stock after buying an additional 48,895 shares during the period. Rockefeller Capital Management L.P. owned 1.38% of Invesco Dorsey Wright Momentum ETF worth $17,611,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDP. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 7,945.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 251,418 shares of the company’s stock valued at $29,265,000 after acquiring an additional 248,293 shares during the period. Stifel Financial Corp increased its holdings in Invesco Dorsey Wright Momentum ETF by 18.1% during the 4th quarter. Stifel Financial Corp now owns 257,673 shares of the company’s stock worth $29,997,000 after acquiring an additional 39,436 shares during the period. &PARTNERS increased its holdings in Invesco Dorsey Wright Momentum ETF by 180.0% during the 4th quarter. &PARTNERS now owns 41,800 shares of the company’s stock worth $4,866,000 after acquiring an additional 26,869 shares during the period. EP Wealth Advisors LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter worth approximately $2,699,000. Finally, LPL Financial LLC lifted its stake in Invesco Dorsey Wright Momentum ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 350,205 shares of the company’s stock worth $40,765,000 after purchasing an additional 20,250 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ:PDP opened at $148.85 on Wednesday. The firm has a fifty day moving average price of $140.38 and a two-hundred day moving average price of $129.07. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 28.67 and a beta of 1.17. Invesco Dorsey Wright Momentum ETF has a one year low of $106.12 and a one year high of $153.23.

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