G&S Capital LLC Raises Stock Position in Invesco DWA Momentum ETF (NASDAQ:PDP)

G&S Capital LLC boosted its position in Invesco DWA Momentum ETF (NASDAQ:PDP) by 64.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,877 shares of the company’s stock after purchasing an additional 26,885 shares during the quarter. Invesco DWA Momentum ETF comprises 2.5% of G&S Capital LLC’s holdings, making the stock its 10th biggest position. G&S Capital LLC owned approximately 0.27% of Invesco DWA Momentum ETF worth $4,155,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Rehmann Capital Advisory Group bought a new stake in Invesco DWA Momentum ETF in the 1st quarter valued at about $28,000. Financial Gravity Wealth Inc. bought a new stake in Invesco DWA Momentum ETF in the 1st quarter valued at about $29,000. Advisory Services Network LLC lifted its position in Invesco DWA Momentum ETF by 134.7% in the 1st quarter. Advisory Services Network LLC now owns 1,861 shares of the company’s stock valued at $105,000 after purchasing an additional 1,068 shares during the last quarter. Financial Advocates Investment Management lifted its position in Invesco DWA Momentum ETF by 45.7% in the 4th quarter. Financial Advocates Investment Management now owns 2,255 shares of the company’s stock valued at $45,000 after purchasing an additional 707 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in Invesco DWA Momentum ETF in the 1st quarter valued at about $195,000.

NASDAQ:PDP traded up $0.08 during mid-day trading on Wednesday, hitting $62.32. The stock had a trading volume of 800 shares, compared to its average volume of 125,287. The stock’s 50 day moving average is $61.22. 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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