Invesco Dorsey Wright Momentum ETF $PDP Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 4.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 165,161 shares of the company’s stock after selling 8,450 shares during the quarter. Prospera Financial Services Inc owned approximately 1.51% of Invesco Dorsey Wright Momentum ETF worth $19,225,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $31,000. Kingdom Financial Group LLC. purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $38,000. Root Financial Partners LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 3rd quarter valued at approximately $39,000. Networth Advisors LLC purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $42,000. Finally, Capital Investment Counsel Inc purchased a new stake in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $46,000.

Invesco Dorsey Wright Momentum ETF Stock Performance

PDP stock opened at $140.03 on Friday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $102.39 and a 1 year high of $142.95. The stock’s 50 day moving average price is $130.69 and its 200 day moving average price is $124.41. The firm has a market cap of $1.51 billion, a P/E ratio of 28.67 and a beta of 1.18.

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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.