Prospera Financial Services Inc lessened its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) by 4.9% during the fourth quarter, HoldingsChannel reports. The firm owned 165,161 shares of the company’s stock after selling 8,450 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco Dorsey Wright Momentum ETF were worth $19,225,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in PDP. International Assets Investment Management LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $31,000. Kingdom Financial Group LLC. acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $38,000. Root Financial Partners LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the third quarter worth $39,000. Networth Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $42,000. Finally, Capital Investment Counsel Inc acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the fourth quarter worth $46,000.
Invesco Dorsey Wright Momentum ETF Stock Up 0.5%
PDP stock opened at $140.03 on Friday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $102.39 and a 52-week high of $142.95. The stock’s fifty day simple moving average is $130.69 and its 200-day simple moving average is $124.41. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 28.67 and a beta of 1.18.
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.
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Want to see what other hedge funds are holding PDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report).
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