Estate Counselors LLC Purchases New Shares in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Estate Counselors LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,450 shares of the company’s stock, valued at approximately $356,000.

A number of other institutional investors also recently bought and sold shares of PDP. Raymond James & Associates grew its holdings in shares of Invesco Dorsey Wright Momentum ETF by 1.4% during the third quarter. Raymond James & Associates now owns 595,138 shares of the company’s stock worth $61,454,000 after buying an additional 7,932 shares during the last quarter. Gateway Advisory LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 1.9% in the 2nd quarter. Gateway Advisory LLC now owns 213,189 shares of the company’s stock valued at $20,863,000 after purchasing an additional 3,924 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.5% in the third quarter. Janney Montgomery Scott LLC now owns 175,370 shares of the company’s stock valued at $18,109,000 after purchasing an additional 886 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 20.2% during the second quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock worth $10,217,000 after purchasing an additional 17,563 shares during the period. Finally, LJI Wealth Management LLC lifted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 0.6% during the third quarter. LJI Wealth Management LLC now owns 92,610 shares of the company’s stock worth $9,563,000 after purchasing an additional 583 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Performance

Shares of PDP opened at $115.75 on Friday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $80.22 and a 1 year high of $115.85. The stock has a market capitalization of $1.43 billion, a P/E ratio of 26.00 and a beta of 1.02. The company’s fifty day moving average is $106.46 and its two-hundred day moving average is $100.79.

About Invesco Dorsey Wright Momentum ETF

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.