B. Riley Wealth Advisors Inc. Sells 2,553 Shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP)

B. Riley Wealth Advisors Inc. lessened its holdings in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) by 9.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,488 shares of the company’s stock after selling 2,553 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.21% of Invesco Dorsey Wright Momentum ETF worth $2,630,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its position in Invesco Dorsey Wright Momentum ETF by 90.3% during the second quarter. Arkadios Wealth Advisors now owns 4,811 shares of the company’s stock worth $471,000 after buying an additional 2,283 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF in the second quarter valued at approximately $26,000. Consolidated Planning Corp boosted its holdings in shares of Invesco Dorsey Wright Momentum ETF by 13.6% during the 2nd quarter. Consolidated Planning Corp now owns 5,015 shares of the company’s stock worth $491,000 after buying an additional 600 shares during the period. Private Advisor Group LLC grew its stake in Invesco Dorsey Wright Momentum ETF by 25.0% in the 2nd quarter. Private Advisor Group LLC now owns 9,362 shares of the company’s stock valued at $916,000 after buying an additional 1,870 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC raised its holdings in Invesco Dorsey Wright Momentum ETF by 43.5% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 7,583 shares of the company’s stock worth $742,000 after acquiring an additional 2,299 shares during the period.

Invesco Dorsey Wright Momentum ETF Price Performance

PDP stock opened at $113.37 on Monday. Invesco Dorsey Wright Momentum ETF has a 52-week low of $82.25 and a 52-week high of $117.67. The company has a 50-day moving average of $110.36 and a two-hundred day moving average of $102.77. The stock has a market capitalization of $1.40 billion, a price-to-earnings 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.