B. Riley Wealth Advisors Inc. Boosts Stock Holdings in Invesco DWA Momentum ETF (NASDAQ:PDP)

B. Riley Wealth Advisors Inc. boosted its position in Invesco DWA Momentum ETF (NASDAQ:PDP – Get Rating) by 10.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,426 shares of the company’s stock after purchasing an additional 3,627 shares during the period. B. Riley Wealth Advisors Inc. owned about 0.25% of Invesco DWA Momentum ETF worth $2,530,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of PDP. BOKF NA raised its holdings in Invesco DWA Momentum ETF by 1.0% during the 2nd quarter. BOKF NA now owns 14,753 shares of the company’s stock valued at $1,004,000 after acquiring an additional 147 shares during the period. Creative Planning raised its holdings in Invesco DWA Momentum ETF by 2.4% during the 2nd quarter. Creative Planning now owns 7,509 shares of the company’s stock valued at $511,000 after acquiring an additional 175 shares during the period. Advisory Services Network LLC raised its holdings in Invesco DWA Momentum ETF by 4.8% during the 1st quarter. Advisory Services Network LLC now owns 4,405 shares of the company’s stock valued at $357,000 after acquiring an additional 201 shares during the period. Kestra Advisory Services LLC raised its holdings in Invesco DWA Momentum ETF by 2.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 9,340 shares of the company’s stock valued at $631,000 after acquiring an additional 222 shares during the period. Finally, United Capital Financial Advisers LLC raised its holdings in Invesco DWA Momentum ETF by 3.7% during the 1st quarter. United Capital Financial Advisers LLC now owns 6,616 shares of the company’s stock valued at $536,000 after acquiring an additional 236 shares during the period.

Invesco DWA Momentum ETF Price Performance

Shares of PDP stock opened at $72.15 on Friday. The company’s fifty day simple moving average is $74.82 and its two-hundred day simple moving average is $73.39. Invesco DWA Momentum ETF has a 1 year low of $66.22 and a 1 year high of $83.83. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 14.52 and a beta of 1.01.

About Invesco DWA Momentum ETF

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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.