CWC Advisors LLC. Takes $207,000 Position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

CWC Advisors LLC. bought a new position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,006 shares of the company’s stock, valued at approximately $207,000.

A number of other hedge funds have also made changes to their positions in the company. Cetera Investment Advisers raised its position in Invesco Dorsey Wright Momentum ETF by 269.1% in the 1st quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock valued at $2,923,000 after purchasing an additional 21,577 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at about $597,000. LJI Wealth Management LLC lifted its position in Invesco Dorsey Wright Momentum ETF by 2.0% during the 2nd quarter. LJI Wealth Management LLC now owns 92,027 shares of the company’s stock worth $9,006,000 after buying an additional 1,800 shares in the last quarter. Carolinas Wealth Consulting LLC lifted its position in Invesco Dorsey Wright Momentum ETF by 43.5% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 7,583 shares of the company’s stock worth $742,000 after buying an additional 2,299 shares in the last quarter. Finally, Cetera Advisors LLC grew its holdings in Invesco Dorsey Wright Momentum ETF by 39.9% during the 1st quarter. Cetera Advisors LLC now owns 16,288 shares of the company’s stock worth $1,609,000 after acquiring an additional 4,645 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Trading Down 0.5 %

Shares of NASDAQ PDP opened at $104.86 on Friday. Invesco Dorsey Wright Momentum ETF has a 1-year low of $72.68 and a 1-year high of $107.60. The company has a 50-day moving average of $102.15 and a two-hundred day moving average of $98.55. The company has a market cap of $1.30 billion, a PE ratio of 26.00 and a beta of 1.02.

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.