Strid Group LLC Has $18.90 Million Stock Holdings in Invesco DWA Momentum ETF (NASDAQ:PDP)

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Strid Group LLC lowered its stake in shares of Invesco DWA Momentum ETF (NASDAQ:PDP) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 313,383 shares of the company’s stock after selling 9,734 shares during the quarter. Invesco DWA Momentum ETF makes up approximately 6.5% of Strid Group LLC’s portfolio, making the stock its 6th largest holding. Strid Group LLC’s holdings in Invesco DWA Momentum ETF were worth $18,903,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PDP. Sigma Planning Corp boosted its position in shares of Invesco DWA Momentum ETF by 7.0% in the first quarter. Sigma Planning Corp now owns 13,640 shares of the company’s stock valued at $773,000 after acquiring an additional 892 shares during the period. Almanack Investment Partners LLC. purchased a new stake in Invesco DWA Momentum ETF in the second quarter valued at approximately $7,159,000. Raymond James Financial Services Advisors Inc. raised its stake in Invesco DWA Momentum ETF by 1.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 496,679 shares of the company’s stock valued at $28,152,000 after purchasing an additional 6,141 shares in the last quarter. CWM LLC raised its stake in Invesco DWA Momentum ETF by 11.7% in the first quarter. CWM LLC now owns 694,341 shares of the company’s stock valued at $39,355,000 after purchasing an additional 72,605 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in Invesco DWA Momentum ETF by 764.6% in the first quarter. Oppenheimer & Co. Inc. now owns 58,435 shares of the company’s stock valued at $3,312,000 after purchasing an additional 51,676 shares in the last quarter.

PDP traded up $0.92 on Friday, reaching $61.73. The company had a trading volume of 113,600 shares, compared to its average volume of 129,533. The business has a 50 day simple moving average of $61.58 and a 200 day simple moving average of $58.07. Invesco DWA Momentum ETF has a 52-week low of $45.25 and a 52-week high of $62.71.

Invesco DWA 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.

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

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