Invesco DWA Momentum ETF (NASDAQ:PDP) Shares Sold by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. lowered its holdings in shares of Invesco DWA Momentum ETF (NASDAQ:PDP) by 14.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,718 shares of the company’s stock after selling 2,044 shares during the period. First Allied Advisory Services Inc. owned 0.05% of Invesco DWA Momentum ETF worth $632,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Koshinski Asset Management Inc. acquired a new position in Invesco DWA Momentum ETF in the fourth quarter valued at $5,625,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco DWA Momentum ETF by 25.3% during the first quarter. Steward Partners Investment Advisory LLC now owns 7,423 shares of the company’s stock worth $400,000 after buying an additional 1,500 shares during the last quarter. GWM Advisors LLC increased its position in Invesco DWA Momentum ETF by 11.5% in the 4th quarter. GWM Advisors LLC now owns 242,176 shares of the company’s stock valued at $15,586,000 after acquiring an additional 25,007 shares during the period. CWM LLC raised its stake in Invesco DWA Momentum ETF by 13.0% during the 4th quarter. CWM LLC now owns 1,035,455 shares of the company’s stock valued at $66,642,000 after acquiring an additional 118,753 shares during the last quarter. Finally, Nwam LLC lifted its position in Invesco DWA Momentum ETF by 17.2% during the 4th quarter. Nwam LLC now owns 6,824 shares of the company’s stock worth $439,000 after acquiring an additional 1,001 shares during the period.

NASDAQ:PDP opened at $63.65 on Friday. Invesco DWA Momentum ETF has a 12-month low of $44.95 and a 12-month high of $70.63. The stock’s 50 day simple moving average is $59.32 and its 200-day simple moving average is $62.00.

Invesco DWA 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.

Read More: Fundamental Analysis and Choosing Stocks

Want to see what other hedge funds are holding PDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco DWA Momentum ETF (NASDAQ:PDP).

Institutional Ownership by Quarter for Invesco DWA Momentum ETF (NASDAQ:PDP)

Receive News & Ratings for Invesco DWA Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco DWA Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.