Invesco DWA Momentum ETF (PDP) Shares Sold by Bank of America Corp DE

Bank of America Corp DE lessened its position in shares of Invesco DWA Momentum ETF (NASDAQ:PDP) by 10.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 575,601 shares of the company’s stock after selling 66,149 shares during the period. Bank of America Corp DE owned approximately 2.23% of Invesco DWA Momentum ETF worth $27,900,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Two Sigma Securities LLC lifted its stake in shares of Invesco DWA Momentum ETF by 93.6% in the 4th quarter. Two Sigma Securities LLC now owns 8,779 shares of the company’s stock valued at $426,000 after purchasing an additional 4,244 shares during the period. BOKF NA increased its position in shares of Invesco DWA Momentum ETF by 4.3% in the 4th quarter. BOKF NA now owns 10,381 shares of the company’s stock valued at $503,000 after buying an additional 430 shares in the last quarter. Stifel Financial Corp increased its position in shares of Invesco DWA Momentum ETF by 0.5% in the 4th quarter. Stifel Financial Corp now owns 145,801 shares of the company’s stock valued at $7,064,000 after buying an additional 682 shares in the last quarter. Resources Investment Advisors Inc. bought a new stake in shares of Invesco DWA Momentum ETF in the 4th quarter valued at $456,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Invesco DWA Momentum ETF by 5.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 614,582 shares of the company’s stock valued at $29,788,000 after buying an additional 30,416 shares in the last quarter.

PDP stock traded down $0.05 during trading hours on Wednesday, reaching $58.40. 55,598 shares of the stock were exchanged, compared to its average volume of 134,482. Invesco DWA Momentum ETF has a 12 month low of $45.25 and a 12 month high of $60.23.

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About Invesco DWA 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.

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

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