Strid Group LLC Sells 1,431 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Strid Group LLC lessened its holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 123,019 shares of the company’s stock after selling 1,431 shares during the period. Invesco Dorsey Wright Momentum ETF accounts for about 1.9% of Strid Group LLC’s investment portfolio, making the stock its 7th biggest holding. Strid Group LLC owned approximately 0.99% of Invesco Dorsey Wright Momentum ETF worth $12,703,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the second quarter worth approximately $26,000. Delta Investment Management LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF in the first quarter valued at about $204,000. SPC Financial Inc. raised its stake in shares of Invesco Dorsey Wright Momentum ETF by 12.9% during the 1st quarter. SPC Financial Inc. now owns 4,755 shares of the company’s stock worth $470,000 after purchasing an additional 545 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Invesco Dorsey Wright Momentum ETF by 90.3% in the second quarter. Arkadios Wealth Advisors now owns 4,811 shares of the company’s stock valued at $471,000 after acquiring an additional 2,283 shares during the last quarter. Finally, Consolidated Planning Corp lifted its position in shares of Invesco Dorsey Wright Momentum ETF by 13.6% in the second quarter. Consolidated Planning Corp now owns 5,015 shares of the company’s stock valued at $491,000 after buying an additional 600 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP stock opened at $106.83 on Friday. Invesco Dorsey Wright Momentum ETF has a 52 week low of $72.68 and a 52 week high of $107.60. The company has a 50-day simple moving average of $101.12 and a 200 day simple moving average of $98.18. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02.

Invesco Dorsey Wright Momentum ETF 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.