B. Riley Wealth Advisors Inc. Purchases 3,627 Shares of 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 third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,426 shares of the company’s stock after acquiring an additional 3,627 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Invesco DWA Momentum ETF were worth $2,530,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Signature Securities Group Corporation bought a new position in Invesco DWA Momentum ETF in the third quarter valued at $34,000. Fifth Third Bancorp increased its stake in Invesco DWA Momentum ETF by 348.4% in the third quarter. Fifth Third Bancorp now owns 843 shares of the company’s stock valued at $57,000 after acquiring an additional 655 shares during the last quarter. First Republic Investment Management Inc. boosted its position in Invesco DWA Momentum ETF by 8.9% during the first quarter. First Republic Investment Management Inc. now owns 3,404 shares of the company’s stock valued at $276,000 after buying an additional 279 shares during the period. Strategy Asset Managers LLC purchased a new stake in Invesco DWA Momentum ETF during the third quarter valued at about $264,000. Finally, Kingsview Wealth Management LLC purchased a new stake in Invesco DWA Momentum ETF during the second quarter valued at about $294,000.

Invesco DWA Momentum ETF Stock Down 1.6 %

NASDAQ PDP opened at $72.15 on Friday. The company has a 50-day simple moving average of $74.82 and a two-hundred day simple moving average of $73.39. Invesco DWA Momentum ETF has a 12-month low of $66.22 and a 12-month high of $83.83. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 14.52 and a beta of 1.01.

Invesco DWA Momentum ETF Company Profile

(Get Rating)

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.