105,857 Shares in Invesco Dorsey Wright Momentum ETF $PDP Bought by Strid Group LLC

Strid Group LLC purchased a new stake 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 firm purchased 105,857 shares of the company’s stock, valued at approximately $14,590,000. Invesco Dorsey Wright Momentum ETF makes up about 1.6% of Strid Group LLC’s portfolio, making the stock its 10th largest holding.

A number of other institutional investors have also added to or reduced their stakes in PDP. Nilsine Partners LLC bought a new position in Invesco Dorsey Wright Momentum ETF during the 2nd quarter worth approximately $1,254,000. Pine Valley Investments Ltd Liability Co purchased a new stake in Invesco Dorsey Wright Momentum ETF in the first quarter worth $447,000. Navigation Group LLC purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF in the 1st quarter worth about $489,000. First Trust Advisors LP bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the first quarter valued at approximately $516,000. Finally, Sowell Financial Services LLC purchased a new position in Invesco Dorsey Wright Momentum ETF during the third quarter valued at $3,270,000.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP stock opened at $132.99 on Friday. The company’s 50-day moving average is $136.24 and its 200 day moving average is $134.43. Invesco Dorsey Wright Momentum ETF has a one year low of $106.53 and a one year high of $153.23. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 28.67 and a beta of 1.16.

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.