Navigation Group LLC Acquires New Shares in Invesco Dorsey Wright Momentum ETF $PDP

Navigation Group LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,050 shares of the company’s stock, valued at approximately $489,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. UBS Group AG grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 8.7% during the fourth quarter. UBS Group AG now owns 192,339 shares of the company’s stock worth $22,389,000 after purchasing an additional 15,323 shares during the last quarter. Millennium Capital Advisors LLC bought a new position in Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at approximately $613,000. JPMorgan Chase & Co. boosted its position in Invesco Dorsey Wright Momentum ETF by 15.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 104,226 shares of the company’s stock worth $12,304,000 after buying an additional 14,194 shares during the period. AlphaCore Capital LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF during the 4th quarter worth approximately $446,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Invesco Dorsey Wright Momentum ETF by 47.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 151,288 shares of the company’s stock worth $17,611,000 after acquiring an additional 48,895 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of NASDAQ PDP opened at $139.90 on Thursday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $106.53 and a 52-week high of $153.23. The firm has a 50 day moving average price of $143.53 and a two-hundred day moving average price of $132.00. The stock has a market cap of $1.53 billion, a P/E 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.