Pine Valley Investments Ltd Liability Co Purchases Shares of 3,701 Invesco Dorsey Wright Momentum ETF $PDP

Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,701 shares of the company’s stock, valued at approximately $447,000.

A number of other large investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Dorsey Wright Momentum ETF by 3.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,125 shares of the company’s stock worth $369,000 after purchasing an additional 108 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Invesco Dorsey Wright Momentum ETF by 23.2% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 585 shares of the company’s stock valued at $68,000 after purchasing an additional 110 shares during the last quarter. Harvest Investment Services LLC lifted its position in Invesco Dorsey Wright Momentum ETF by 1.3% during the third quarter. Harvest Investment Services LLC now owns 9,523 shares of the company’s stock valued at $1,124,000 after purchasing an additional 126 shares during the last quarter. Brookstone Capital Management grew its stake in Invesco Dorsey Wright Momentum ETF by 5.5% in the 4th quarter. Brookstone Capital Management now owns 2,820 shares of the company’s stock worth $328,000 after buying an additional 146 shares in the last quarter. Finally, Baker Avenue Asset Management LP grew its stake in Invesco Dorsey Wright Momentum ETF by 3.1% in the 4th quarter. Baker Avenue Asset Management LP now owns 5,346 shares of the company’s stock worth $622,000 after buying an additional 160 shares in the last quarter.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ:PDP opened at $139.84 on Wednesday. The company’s fifty day moving average price is $142.27 and its 200-day moving average price is $133.51. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 28.67 and a beta of 1.16. Invesco Dorsey Wright Momentum ETF has a one year low of $106.53 and a one year high of $153.23.

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. The Index includes approximately 100 the United States-listed companies. Invesco PowerShares Capital Management LLC acts as the Fund’s investment adviser.