Nilsine Partners LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,265 shares of the company’s stock, valued at approximately $1,254,000. Nilsine Partners LLC owned 0.08% of Invesco Dorsey Wright Momentum ETF at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in PDP. International Assets Investment Management LLC purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter worth approximately $31,000. Operose Advisors LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the fourth quarter valued at approximately $32,000. Montgomery Financial Services LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the second quarter valued at approximately $33,000. Hilton Head Capital Partners LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter worth approximately $36,000. Finally, Kingdom Financial Group LLC. bought a new position in Invesco Dorsey Wright Momentum ETF in the fourth quarter worth approximately $38,000.
Invesco Dorsey Wright Momentum ETF Price Performance
NASDAQ PDP opened at $136.15 on Monday. The firm has a market cap of $1.48 billion, a PE ratio of 28.67 and a beta of 1.17. The company has a 50 day moving average price of $138.32 and a 200 day moving average price of $135.56. Invesco Dorsey Wright Momentum ETF has a 52 week low of $106.53 and a 52 week 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.
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