Millennium Capital Advisors LLC bought a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 5,263 shares of the company’s stock, valued at approximately $613,000.
A number of other large investors also recently added to or reduced their stakes in PDP. Northwestern Mutual Wealth Management Co. raised its position in Invesco Dorsey Wright Momentum ETF by 7,945.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 251,418 shares of the company’s stock worth $29,265,000 after purchasing an additional 248,293 shares during the period. BNP Paribas Financial Markets purchased a new position in Invesco Dorsey Wright Momentum ETF in the 3rd quarter worth $2,361,000. UBS Group AG raised its position in Invesco Dorsey Wright Momentum ETF by 8.7% in the 4th quarter. UBS Group AG now owns 192,339 shares of the company’s stock worth $22,389,000 after purchasing an additional 15,323 shares during the period. JPMorgan Chase & Co. raised its position in Invesco Dorsey Wright Momentum ETF by 15.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 104,226 shares of the company’s stock worth $12,304,000 after purchasing an additional 14,194 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Invesco Dorsey Wright Momentum ETF by 12.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 111,400 shares of the company’s stock worth $13,295,000 after purchasing an additional 12,163 shares during the period.
Invesco Dorsey Wright Momentum ETF Stock Down 2.2%
Shares of NASDAQ:PDP opened at $139.78 on Friday. The stock has a market cap of $1.50 billion, a PE ratio of 28.67 and a beta of 1.18. The company’s fifty day moving average is $129.28 and its 200 day moving average is $123.85. Invesco Dorsey Wright Momentum ETF has a 52 week low of $102.39 and a 52 week high of $142.95.
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.
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