Navigation Group LLC Takes Position in Invesco Dorsey Wright Momentum ETF $PDP

Navigation Group LLC bought a new stake in shares of Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 4,050 shares of the company’s stock, valued at approximately $489,000.

A number of other large investors have also bought and sold shares of PDP. International Assets Investment Management LLC bought a new stake in Invesco Dorsey Wright Momentum ETF in the fourth quarter valued at $31,000. Operose Advisors LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth about $32,000. Hilton Head Capital Partners LLC bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth about $36,000. Kingdom Financial Group LLC. bought a new position in shares of Invesco Dorsey Wright Momentum ETF during the 4th quarter worth about $38,000. Finally, Frazier Financial Advisors LLC grew its stake in shares of Invesco Dorsey Wright Momentum ETF by 96.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 341 shares of the company’s stock valued at $40,000 after buying an additional 167 shares during the period.

Invesco Dorsey Wright Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Momentum ETF stock opened at $139.90 on Thursday. Invesco Dorsey Wright Momentum ETF has a one year low of $106.53 and a one year high of $153.23. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 28.67 and a beta of 1.16. The business has a 50-day simple moving average of $143.53 and a 200 day simple moving average of $132.00.

About Invesco Dorsey Wright Momentum ETF

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.