UBS Group AG Boosts Stock Holdings in Invesco Dorsey Wright Momentum ETF $PDP

UBS Group AG lifted its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 8.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,339 shares of the company’s stock after purchasing an additional 15,323 shares during the period. UBS Group AG’s holdings in Invesco Dorsey Wright Momentum ETF were worth $22,389,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in Invesco Dorsey Wright Momentum ETF by 3.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,125 shares of the company’s stock valued at $369,000 after purchasing an additional 108 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Invesco Dorsey Wright Momentum ETF by 0.5% during the third quarter. Capital Investment Advisory Services LLC now owns 20,230 shares of the company’s stock worth $2,388,000 after buying an additional 109 shares in the last quarter. Harvest Investment Services LLC increased its stake in shares of Invesco Dorsey Wright Momentum ETF by 1.3% during the third quarter. Harvest Investment Services LLC now owns 9,523 shares of the company’s stock worth $1,124,000 after buying an additional 126 shares during the period. Brookstone Capital Management raised its holdings in Invesco Dorsey Wright Momentum ETF by 5.5% in the fourth quarter. Brookstone Capital Management now owns 2,820 shares of the company’s stock valued at $328,000 after acquiring an additional 146 shares in the last quarter. Finally, MorganRosel Wealth Management LLC raised its holdings in Invesco Dorsey Wright Momentum ETF by 0.8% in the third quarter. MorganRosel Wealth Management LLC now owns 22,115 shares of the company’s stock valued at $2,611,000 after acquiring an additional 172 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Up 1.6%

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $141.80 on Tuesday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $102.39 and a 52-week high of $142.91. The company has a market capitalization of $1.52 billion, a P/E ratio of 28.67 and a beta of 1.18. The company has a 50 day moving average of $128.17 and a 200 day moving average of $123.25.

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.