World Investment Advisors LLC Acquires New Holdings in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

World Investment Advisors LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,297 shares of the company’s stock, valued at approximately $340,000.

Several other hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at about $26,000. Trueblood Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 3rd quarter valued at approximately $203,000. CWC Advisors LLC. bought a new stake in Invesco Dorsey Wright Momentum ETF in the 3rd quarter valued at approximately $207,000. Global Assets Advisory LLC acquired a new position in Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth approximately $329,000. Finally, Estate Counselors LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 3rd quarter worth approximately $356,000.

Invesco Dorsey Wright Momentum ETF Stock Down 4.0 %

NASDAQ PDP opened at $108.02 on Thursday. The firm’s 50 day moving average is $110.79 and its 200-day moving average is $103.04. The company has a market capitalization of $1.34 billion, a PE ratio of 26.00 and a beta of 1.02. Invesco Dorsey Wright Momentum ETF has a 12-month low of $82.25 and a 12-month high of $117.67.

Invesco Dorsey Wright 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.