8,265 Shares in Invesco Dorsey Wright Momentum ETF $PDP Purchased by Nilsine Partners LLC

Nilsine Partners LLC bought a new stake in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 8,265 shares of the company’s stock, valued at approximately $1,254,000.

A number of other hedge funds have also recently added to or reduced their stakes in PDP. International Assets Investment Management LLC acquired a new position in shares of Invesco Dorsey Wright Momentum ETF in the fourth quarter worth about $31,000. Operose Advisors LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter valued at about $32,000. Montgomery Financial Services LLC acquired a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 2nd quarter valued at about $33,000. Hilton Head Capital Partners LLC purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $36,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of Invesco Dorsey Wright Momentum ETF in the 4th quarter valued at about $38,000.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ:PDP opened at $136.15 on Monday. Invesco Dorsey Wright Momentum ETF has a 1 year low of $106.53 and a 1 year high of $153.23. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 28.67 and a beta of 1.17. The business’s 50 day moving average price is $138.32 and its 200-day moving average price is $135.56.

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