LifePlan Financial Group Inc Sells 1,437 Shares of Invesco DWA Momentum ETF (NASDAQ:PDP)

LifePlan Financial Group Inc decreased its holdings in shares of Invesco DWA Momentum ETF (NASDAQ:PDP) by 45.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,701 shares of the company’s stock after selling 1,437 shares during the period. LifePlan Financial Group Inc’s holdings in Invesco DWA Momentum ETF were worth $103,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Gateway Advisory LLC lifted its stake in Invesco DWA Momentum ETF by 4,885.3% during the first quarter. Gateway Advisory LLC now owns 1,451,214 shares of the company’s stock worth $82,255,000 after purchasing an additional 1,422,104 shares during the last quarter. CWM LLC lifted its stake in Invesco DWA Momentum ETF by 11.7% during the first quarter. CWM LLC now owns 694,341 shares of the company’s stock worth $39,355,000 after purchasing an additional 72,605 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Invesco DWA Momentum ETF by 0.4% during the first quarter. Commonwealth Equity Services LLC now owns 616,970 shares of the company’s stock worth $34,969,000 after purchasing an additional 2,388 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco DWA Momentum ETF by 1.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 496,679 shares of the company’s stock worth $28,152,000 after purchasing an additional 6,141 shares during the last quarter. Finally, Advisor Group Inc. lifted its stake in Invesco DWA Momentum ETF by 0.6% during the first quarter. Advisor Group Inc. now owns 234,871 shares of the company’s stock worth $13,312,000 after purchasing an additional 1,426 shares during the last quarter.

Shares of PDP stock opened at $61.18 on Friday. Invesco DWA Momentum ETF has a 12-month low of $45.25 and a 12-month high of $62.90. The business has a 50-day moving average price of $61.77 and a two-hundred day moving average price of $58.32.

Invesco DWA Momentum ETF Company 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.

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Institutional Ownership by Quarter for Invesco DWA Momentum ETF (NASDAQ:PDP)

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