LJI Wealth Management LLC Sells 52,386 Shares of Invesco Dorsey Wright Momentum ETF $PDP

LJI Wealth Management LLC decreased its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 71.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,170 shares of the company’s stock after selling 52,386 shares during the period. Invesco Dorsey Wright Momentum ETF accounts for about 0.4% of LJI Wealth Management LLC’s holdings, making the stock its 25th largest holding. LJI Wealth Management LLC owned about 0.19% of Invesco Dorsey Wright Momentum ETF worth $2,499,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. MorganRosel Wealth Management LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 0.8% during the third quarter. MorganRosel Wealth Management LLC now owns 22,115 shares of the company’s stock valued at $2,611,000 after buying an additional 172 shares during the period. World Equity Group Inc. purchased a new position in Invesco Dorsey Wright Momentum ETF during the 3rd quarter valued at $345,000. Realta Investment Advisors raised its holdings in Invesco Dorsey Wright Momentum ETF by 2.0% in the 3rd quarter. Realta Investment Advisors now owns 4,631 shares of the company’s stock worth $547,000 after purchasing an additional 90 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Invesco Dorsey Wright Momentum ETF by 2.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 386,437 shares of the company’s stock worth $45,621,000 after purchasing an additional 10,409 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 20.8% in the 2nd quarter. Corient Private Wealth LLC now owns 3,133 shares of the company’s stock worth $340,000 after purchasing an additional 539 shares during the period.

Invesco Dorsey Wright Momentum ETF Trading Up 0.2%

Shares of PDP opened at $124.94 on Friday. Invesco Dorsey Wright Momentum ETF has a 1-year low of $86.41 and a 1-year high of $125.68. The firm’s 50-day moving average price is $117.71 and its 200-day moving average price is $115.67. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 28.67 and a beta of 1.13.

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