Calton & Associates Inc. Sells 7,285 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

Calton & Associates Inc. lowered its position in Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 50.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,034 shares of the company’s stock after selling 7,285 shares during the quarter. Calton & Associates Inc.’s holdings in Invesco Dorsey Wright Momentum ETF were worth $726,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers raised its holdings in shares of Invesco Dorsey Wright Momentum ETF by 269.1% during the 1st quarter. Cetera Investment Advisers now owns 29,594 shares of the company’s stock worth $2,923,000 after buying an additional 21,577 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF during the 2nd quarter valued at approximately $597,000. LJI Wealth Management LLC lifted its stake in shares of Invesco Dorsey Wright Momentum ETF by 2.0% in the 2nd quarter. LJI Wealth Management LLC now owns 92,027 shares of the company’s stock valued at $9,006,000 after acquiring an additional 1,800 shares during the last quarter. Carolinas Wealth Consulting LLC boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 43.5% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 7,583 shares of the company’s stock valued at $742,000 after acquiring an additional 2,299 shares in the last quarter. Finally, Cetera Advisors LLC grew its position in Invesco Dorsey Wright Momentum ETF by 39.9% during the 1st quarter. Cetera Advisors LLC now owns 16,288 shares of the company’s stock worth $1,609,000 after acquiring an additional 4,645 shares during the last quarter.

Invesco Dorsey Wright Momentum ETF Stock Down 0.3 %

Invesco Dorsey Wright Momentum ETF stock traded down $0.28 during trading hours on Tuesday, hitting $106.83. The stock had a trading volume of 10,766 shares, compared to its average volume of 20,330. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 26.00 and a beta of 1.02. The business’s 50 day simple moving average is $101.57 and its 200-day simple moving average is $98.33. Invesco Dorsey Wright Momentum ETF has a one year low of $72.68 and a one year high of $107.60.

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.