Wealth Enhancement Advisory Services LLC Buys 12,163 Shares of Invesco Dorsey Wright Momentum ETF $PDP

Wealth Enhancement Advisory Services LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,400 shares of the company’s stock after buying an additional 12,163 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.98% of Invesco Dorsey Wright Momentum ETF worth $13,295,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of Invesco Dorsey Wright Momentum ETF by 2.8% in the third quarter. Commonwealth Equity Services LLC now owns 386,437 shares of the company’s stock worth $45,621,000 after buying an additional 10,409 shares in the last quarter. Prospera Financial Services Inc increased its stake in Invesco Dorsey Wright Momentum ETF by 1.1% in the 2nd quarter. Prospera Financial Services Inc now owns 178,693 shares of the company’s stock worth $19,404,000 after acquiring an additional 1,953 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco Dorsey Wright Momentum ETF by 7.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 92,223 shares of the company’s stock worth $10,015,000 after acquiring an additional 6,214 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 90,032 shares of the company’s stock valued at $9,777,000 after acquiring an additional 863 shares in the last quarter. Finally, LJI Wealth Management LLC boosted its position in shares of Invesco Dorsey Wright Momentum ETF by 4.0% during the 2nd quarter. LJI Wealth Management LLC now owns 73,556 shares of the company’s stock valued at $7,987,000 after acquiring an additional 2,836 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

PDP stock opened at $124.55 on Friday. The firm has a 50 day simple moving average of $118.31 and a two-hundred day simple moving average of $116.06. The stock has a market cap of $1.38 billion, a PE ratio of 28.67 and a beta of 1.13. Invesco Dorsey Wright Momentum ETF has a one year low of $86.41 and a one year high of $126.09.

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.