Win Advisors Inc. purchased a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP – Free Report) in the 4th quarter, HoldingsChannel reports. The firm purchased 36,050 shares of the company’s stock, valued at approximately $3,879,000. Invesco Dorsey Wright Momentum ETF comprises approximately 1.9% of Win Advisors Inc.’s portfolio, making the stock its 18th largest holding.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in PDP. Raymond James & Associates boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 1.4% during the third quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock valued at $61,454,000 after buying an additional 7,932 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 3.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 181,672 shares of the company’s stock valued at $19,550,000 after buying an additional 6,302 shares during the period. LJI Wealth Management LLC boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 0.6% during the third quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock valued at $9,563,000 after buying an additional 583 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 84,083 shares of the company’s stock valued at $8,682,000 after purchasing an additional 329 shares during the period. Finally, Tradition Wealth Management LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 3.0% in the third quarter. Tradition Wealth Management LLC now owns 64,263 shares of the company’s stock valued at $6,636,000 after purchasing an additional 1,862 shares during the period.
Invesco Dorsey Wright Momentum ETF Stock Up 0.8 %
Shares of NASDAQ:PDP opened at $112.62 on Wednesday. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 52 week low of $88.50 and a 52 week high of $117.67. The firm has a 50 day moving average of $112.05 and a 200 day moving average of $106.08.
Invesco Dorsey Wright Momentum ETF Announces Dividend
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.
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