Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. decreased its position in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,041 shares of the company’s stock after selling 2,577 shares during the quarter. B. Riley Wealth Advisors Inc. owned 0.22% of Invesco Dorsey Wright Momentum ETF worth $2,744,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Assets Advisory LLC acquired a new stake in Invesco Dorsey Wright Momentum ETF in the 1st quarter valued at $31,039,000. Cetera Investment Advisers grew its stake in Invesco Dorsey Wright Momentum ETF by 269.1% in the 1st quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock valued at $2,923,000 after acquiring an additional 21,577 shares during the period. NewEdge Advisors LLC grew its stake in Invesco Dorsey Wright Momentum ETF by 20.2% in the 2nd quarter. NewEdge Advisors LLC now owns 104,402 shares of the company’s stock valued at $10,217,000 after acquiring an additional 17,563 shares during the period. Waverly Advisors LLC grew its stake in Invesco Dorsey Wright Momentum ETF by 234.0% in the 1st quarter. Waverly Advisors LLC now owns 20,242 shares of the company’s stock valued at $1,999,000 after acquiring an additional 14,181 shares during the period. Finally, Stifel Financial Corp grew its stake in Invesco Dorsey Wright Momentum ETF by 6.3% in the 4th quarter. Stifel Financial Corp now owns 79,783 shares of the company’s stock valued at $6,821,000 after acquiring an additional 4,731 shares during the period.

Invesco Dorsey Wright Momentum ETF Stock Performance

Invesco Dorsey Wright Momentum ETF stock opened at $102.88 on Wednesday. The company’s fifty day moving average price is $98.66 and its 200 day moving average price is $97.54. Invesco Dorsey Wright Momentum ETF has a 1 year low of $72.68 and a 1 year high of $103.75. The stock has a market capitalization of $1.30 billion, a P/E ratio of 26.00 and a beta of 1.02.

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.